How is the property tax levied in the United States?

The property tax in the United States is collected by local governments, and the income belongs to local governments. The national property tax ranges from 1% to 3%, and there is no uniform tax standard. Different States, different counties and cities in the same state have different tax rates. Generally speaking, the northwest region is relatively low and the southeast region is relatively high. There are two factors that affect the property tax, one is the tax rate, and the other is the house valuation. The appraisal is completed by the competent government department, and the owner will be informed of the appraisal result. At present, the property tax relief policy is only aimed at American citizens, not China investors.

1. Which department collects the US property tax?

Property tax is not levied by the federal government, but mainly by local governments (counties and cities), and the income belongs to local governments. The property tax levied by the local government is used for various expenses of the city and state where the property is located, including public education funds, library construction, public safety, infrastructure construction, etc.

2. What is the proportion of the property tax in the United States?

1, the state tax is different.

The property tax in the United States ranges from 1% to 3%, and the tax rates in different states and counties in the same state are different. For example, in the Greater Seattle area, Seattle, Bellevue and Mamic use different property tax rates: the property tax in Seattle is less than 65,438+0%, that in Bellevue is about 65,438+0%, and that in Mamic is 65,438.

2. The northwest is low and the southeast is high.

The property taxes in the northern states and the west coast are relatively low, ranging from 1 to 1.5%, and the lowest is Hawaii, with only 0.28%. The property tax in southern states is generally high, such as Texas, where the property tax in each city ranges from 2.5% to 3.5%. Property with the same price varies greatly in different cities. For example, a house with a value of 1 10,000 dollars only needs to pay 2800 dollars a year in Hawaii, 1 10,000 dollars in Seattle and about 33,000 dollars in Houston, Texas. But from another point of view, the same two-story independent villa in Houston's high-quality school district costs 200,000-300,000 US dollars, so the property tax is about 6,000-9,000 US dollars; The price of a high-quality school district in Los Angeles may be as high as $ 654.38+00,000, but the property tax in Los Angeles is only 654.38+0/3 of that in Houston. Calculated, the property tax is about $ 654.38+0.654.38+0 million, depending on the overall situation.

Third, how to collect the property tax in the United States?

1. What factors are related to the property tax?

The calculation method of property tax is the government's evaluation value of the house multiplied by the tax rate of the area. Therefore, there are two factors that affect the property tax: one is the tax rate, and the other is the house valuation. Under the same tax rate, the higher the house price estimate, the more tax will be paid. The appraisal is based on the latest real estate transaction price, and then the appraisal value is determined with reference to the ground building condition, land area and the same or similar houses in the same area. The government evaluation value is only used as the calculation basis for paying property tax, and cannot be used as a price reference in real estate transactions. Usually, the government evaluation value is lower than the actual value and transaction price of the housing market. However, due to the high land price in popular areas, the land price often exceeds the house price in housing appraisal; In remote areas, the value of houses is higher than the value of land.

Every appraisal result will be notified to the owner before paying the property tax, and the appraisal contents will be listed, including the value of the house itself and the value of the land. If the owner disagrees with the government's valuation, he can ask for a new valuation. In addition, the time and frequency of tax payment are different in different regions. Philadelphia only collects it once a year, and the real estate appraisal firm will send the property tax form to the owner in June 65438+February every year, and the owner must pay it before March 3 1 of the following year; California housing tax is paid twice, the first time is 1 1.00+ 1. The second time was in February of the following year1; In New Jersey, it is divided into four times a year.

In recent years, the housing market has risen again, so housing valuation has also begun to rise. Coupled with the increase of tax rate, housing tax has become one of the burdens of ordinary Americans, especially the middle and lower classes.

2. Is the property tax really expensive?

(1) The property tax is high, and the welfare and value-added prospects are good.

A large part of the annual property tax is used for infrastructure construction and education funds in the city where the property is located, which is a burden and a welfare. For example, of the property tax paid by Seattle in 20 14, 32.05% was used for the school allocation of the school district where the property is located, 5. 13% was used for the library, and 22.55% was used for the Washington State Education Fund, which means that about 60% was used for the direct or indirect allocation of education. Therefore, if the property tax is paid more, the benefits that residents living here can enjoy directly will be better, and the prospect of property appreciation in this area will be better, thus forming a virtuous circle.

(2) The holding period is long and the tax rate is relatively low.

For example, two adjacent properties in the same community in Irvine, Los Angeles are similar in style, area, year and hardware. They were all purchased at about $300,000 in that year, and now the market value is about $6,543,800+0,000. One A was sold this year, and the other B was built 10 years ago and has never been sold. When the property tax is levied, we will find a very interesting phenomenon. A The transaction price of the newly-concluded transaction is $654.38 +0.02 million, and the government will determine the new property tax evaluation value according to the recent transaction situation, which may be between $ 99-654.38 +0.02 million. The property tax in Irvine is 1.2%, so the property tax to be paid by A is about 1.2000 USD. Since B has not yet been sold, the government will refer to the transaction price ten years ago as the base of the evaluation value, and the annual increase or decrease of the evaluation value is lower than the annual change of CPI (Consumer Price Index), so the government may only give B a property tax evaluation value of 500,000 US dollars, so it only needs to pay a property tax of 6,000 US dollars. It can be seen that the real estate tax policy in the United States encourages long-term holding of real estate. The longer the holding period, the lower the proportion of real estate tax in annual expenditure.

4. Is there a reduction or exemption policy for US property tax?

First of all, it should be emphasized that only people with American citizenship can enjoy the property tax relief policy. There are relevant regulations in various places that can apply for relief, and the amount of relief depends on personal income. When the government issues a property tax bill every year, it will be accompanied by instructions on how to apply for tax reduction or exemption. Take Fairfax County as an example. At present, the tax exemption regulations are that people over 65 and the disabled have only one set of self-occupied housing, and their annual income is below $52,000, so they can be exempted from all property taxes, 50% from $52,000 to $62,000, and 25% from $62,000 to $72,000.

The United States began to levy real estate tax in the early days of the founding of the People's Republic of China. As early as 1792, four states levied real estate tax, and the property tax law passed in 1798 included the provision of separate taxation of real estate and land. By the beginning of the 20th century, all states in the United States had enacted laws and regulations to levy real estate tax. The property tax policy system is perfect and standardized, which is worth learning.