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Shanghai Finance Bureau Management of public rental rental income exempted from
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Shanghai Finance Bureau of Finance and other forwarded yesterday on the construction and operation of public rental housing tax benefits notices, clear, made for public rental business rental income, exempt from sales tax, property tax. By the Ministry of Finance, State Administration of Taxation issued a "on the support of public rental housing construction and operation of the notice on tax incentives," revealed the construction and operation of public rental housing will have different degrees of the relevant tax concessions, including - During the construction of public rental space and rent after the completion of the public area of urban land use tax exemption. Management of public rental units involved in the construction of public rental shall be exempt from stamp duty. Management of public rental units of public rental housing as a purchase, Mianzhengqishui, stamp duty; on the lease of public rental lease agreement signed by both parties involved to be exempt from stamp duty. In addition, enterprises, social organizations and other organizations as a public rental housing for sale of existing homes, and the amount of the appreciation amount not exceeding 20% deduction, exemption from land tax. Enterprises, social organizations and other organizations donated as public rental housing, in line with the tax laws and regulations, donor spending within 12% of the total annual profit part is permitted to be deducted from taxable income. It is reported that the policy initiative from the date of implementation of the text, the implementation of the provisional period of three years after the expiry of the policy of public rental construction and operation under the conditions of the contents to be improved.