Does the property share the land cost?

Under normal circumstances, land costs will be shared, but there are also special circumstances. Houses, clubs, parking lots (garages), property management places, substations, heating stations, water plants, cultural and sports venues, schools, kindergartens, nurseries, hospitals, posts and telecommunications and other public facilities. If it is developed and constructed by a real estate development enterprise and matched with the liquidation project, it shall be handled according to the following principles: 1. After completion, the property right belongs to all owners, and its cost can be deducted. 2 after the completion of the free transfer to the government, institutions for non-profit social undertakings, its costs and expenses can be deducted; 3. After the paid transfer is completed, the income shall be calculated and the costs and expenses shall be allowed to be deducted. According to this document, property management houses that meet the above three principles can be used as deduction items of land value-added tax and allowed to be deducted; Otherwise it will be excluded from the total cost and will not be deducted.

Article 4 of the Notice of State Taxation Administration of The People's Republic of China on Issues Related to Land Value-added Tax Settlement Management of Real Estate Development Enterprises, as well as public facilities such as houses, clubs, parking lots (garages), property management places, substations, heating stations, water plants, cultural and sports venues, schools, kindergartens, nurseries, hospitals, posts and telecommunications. Development and construction by real estate development enterprises should be handled according to the following principles: 2. If it is handed over to the government and institutions for non-profit social undertakings free of charge after completion, its costs and expenses can be deducted; 3. After the paid transfer is completed, the income shall be calculated and the costs and expenses shall be allowed to be deducted. According to this document, property management houses that meet the above three principles can be used as deduction items of land value-added tax and allowed to be deducted; Otherwise it will be excluded from the total cost and will not be deducted.