What's the property tax for a 7 million house?

According to China's latest tax policy, to buy a house worth 7 million yuan, you have to pay taxes: the first-time purchase tax: 3%, the first-time purchase tax: 7 million yuan ×3% = 2 1 10,000 yuan. Land use tax: 0.4‰, land use tax: 7 million yuan × 0.4 ‰ = 28,000 yuan. Deed tax: 1%, deed tax: 7 million yuan ×1%= 70,000 yuan. Therefore, the total property tax is 2 1 1,000 yuan+28,000 yuan+70,000 yuan = 308,000 yuan.