How to collect foreign property tax?

Like China, you have to pay the relevant property tax when buying a house abroad, but the property tax that each country needs to pay is different to some extent. So how to collect foreign property tax? Let's study with Bian Xiao.

How to collect foreign property tax?

1, Spanish property tax

Buying a first-hand house in Spain requires a transaction tax of 10%; If you buy a second-hand house, you need to pay 7% transaction tax. In addition, we have to pay the house registration fee, 65438+ 0% of the total house price. Rental income needs to be declared to the government and paid according to the local tax-sharing system, but if the house is rented to young people under the age of 35, there is no need to declare tax.

2. Portuguese property tax

Portugal is one of the European countries and a member of the European Union. The cost of real estate in Portugal depends on how many properties you own. If you buy a house in Portugal, you need to pay 6.5% house transaction tax, 0.8% taxable, and you also need to pay urban construction management fee: 1.200 Euro, two houses or less; 3 or more houses need to pay 1500 Euro. If the house is rented, it needs to pay about 28% value-added tax, and this fee must be paid.

3. American property tax

(1) The United States is a developed capitalist country, and the number of immigrants to the United States is very large every year. Therefore, housing prices in the United States have been relatively high, and there are more people investing in real estate every year. After buying a house in the United States, if you don't pay the property tax, the house will be taken back by the American government, so the property tax in the United States must be paid. However, the United States is a state management system, so the collection of related real estate taxes and fees in each state is different.

(2) In terms of tax rate, there is no uniform standard for American property tax. The property tax rate in the United States is set by state governments, so the tax rate in each city will be different. Generally, the tax rate in economically developed areas is relatively low, and the tax rate in economically underdeveloped areas is relatively high, about 0.8% to 3%. In addition, the property tax rate is generally "fixed on demand", which is determined by the government according to the annual demand of budgets at all levels, so the total amount of property tax and the taxable value of houses will change every year, so the property tax rate will change accordingly every year.

(3) The appraisal value of real estate includes two parts: the value of the house itself and the value of the land. Among them, the value of the house itself is determined by the value at the time of purchase, the added value of decoration and the added value of the market.

(4) If you rent a house in the United States, you also need to pay relevant taxes, and the tax rate is about 30% of the rent; If the house is transferred, you need to pay 15% capital gains tax and 1% to 5% business tax on the transaction price; If you buy a house by mortgage, you need to pay 0.35% stamp duty and 0.002% intangible tax.

(5) The taxpayers of American property tax are natural persons and legal persons who own real estate. The property tax system in the United States also includes tax benefits for taxpayers, such as tax exemption, tax reduction, deferred tax payment and tax relief for specific groups. Property tax can reduce the tax pressure of taxpayers with different incomes through differentiated payment policies.

Different countries collect property tax in different ways, because the development of policy systems in different countries is different, so the payment of property tax is different. The above is a detailed introduction about how to collect foreign property tax, hoping to help you.