A detailed introduction of San Francisco property tax in the United States

The United States is a developed country, and many people want to immigrate to the United States. So how is the property tax in San Francisco collected? I am here to sort out the detailed introduction of San Francisco property tax in the United States, hoping to help you.

First, buying a house in the United States does not require paying any taxes to governments at all levels.

When buying a house in San Francisco, if the asking price of the new house is $500,000 and it is $480,000 after bargaining, then the buyer only needs to pay $480,000 to the builder or seller, and does not need to pay any taxes to the government; There is no handling fee.

The buyer himself buys home insurance from home insurance Company; Purchase property insurance for houses from property insurance companies. Home insurance companies and property insurance companies are private enterprises and have nothing to do with the government.

If there is an intermediary, the builder pays a certain intermediary fee to the intermediary. If it is a second-hand house, the seller pays a certain intermediary fee to the buyer's intermediary and the seller's intermediary. In short, buyers and sellers in the United States do not need to pay taxes or any other fees to the government.

Two, the United States real estate tax for local regional infrastructure and education.

The real estate tax levied by local governments in the United States can only be used for education and construction in the areas where local governments are located.

There is no real estate tax in America. The United States imposes federal income tax on people with legitimate income (including enterprises and individuals). Some States in the United States levy income tax on individuals; Some states levy personal income tax and sales tax. Therefore, the real estate tax on American housing is neither a federal tax nor a state tax. The real estate tax levied by local governments in the United States can only be used for education and construction in the area where local governments are located, and the expenditure budget and tax budget are corresponding.

Third, the amount of real estate tax in the United States is determined through consultation between voters and the government elected by voters.

Local governments in the United States are elected once a year. The tax amount or tax rate of real estate tax in the United States is announced to all residents by elected government officials after weighing the development and income of that year. After listening to opinions at several public hearings, the elected officials voted at the last public hearing.

Four, the United States real estate tax has a complete legal system, protected by law.

In the United States, if a taxpayer thinks that his property tax in that year is unfair, he can have 3 -5 months, and the taxpayer or the taxpayer's representative can attend the hearing held by the local government and resolve it through consultation; If you are not satisfied, you can sue the local government in court.

Taxpayers fail to pay taxes on time, and the tax amount is increased by interest; To a certain extent, local governments can force taxpayers to move out of their houses and auction them in the market with the help of courts and armed police. This kind of thing rarely happens, but it does happen.

It can be said that when buying a house in San Francisco, the American real estate tax law has a complete democratic and legal guarantee system.

The archives of American real estate are open.

The public contents include the names of American real estate owners; The area and valuation of real estate and real estate; Tax rate and tax amount, etc. Some local government websites will also disclose all the historical records of the property.