What is the real estate tax rebate policy?

Legal analysis: real estate tax rebate policy: 1. If an individual buys a house again within one year after selling the existing house, he shall return the corresponding tax deposit according to the purchase amount. 2. If an individual fails to buy a house again within one year after selling the existing house, the tax deposit paid shall be used to pay personal income tax. 3. When applying for refund of the tax deposit, you should show the legal and valid house sales contract to the administrative department. Tax payable for house purchase: 1, deed tax. If an individual purchases 90% or less ordinary commercial housing for the first time, and the housing is privately owned by the family, the deed tax shall be levied at the rate of 1%, and if it exceeds 90%, the deed tax shall be levied at the rate of 1.5%. The second set of 90% and below will be levied at 1%, and 90% and above will be levied at 1.5. 2. Stamp duty. The contract price multiplied by 0.05% is the stamp duty. 3. Housing maintenance fund: 2% to 3% of the purchase price. Developers or property companies should open accounts in designated banks, and property buyers can deposit them themselves. Generally speaking, the property buyers get the keys and go through the check-in procedures, but the developers will collect the owners' housing maintenance funds.

Legal Basis: Circular of the Ministry of Finance, State Taxation Administration of The People's Republic of China and the Ministry of Construction on Relevant Issues Concerning the Collection of Individual Income Tax on Individual Income from Housing Sale Article 3 In order to encourage individuals to buy new houses, taxpayers who sell their own houses and plan to buy new houses at market price within 1 year after the sale of existing houses may be exempted from all or part of the individual income tax payable for the sale of existing houses according to their repurchased value. The specific measures are as follows: (1) Personal income tax payable by individuals selling existing houses shall be paid to the local competent tax authorities in the form of tax deposit before going through the formalities of property right transfer. When collecting the tax deposit, the tax authorities shall formally issue the "People's Republic of China (PRC) Tax Deposit Receipt" to the taxpayer and incorporate it into the special production warehouse. (2) If an individual buys a house again within 1 year after selling the existing house, the tax deposit shall be refunded accordingly according to the purchase amount. If the purchase amount is greater than or equal to the original housing sales (if the original housing is purchased public housing, the original housing sales should be deducted from the income that has been turned over to the finance or the original property right unit according to the regulations, the same below), all the tax deposit will be refunded; If the purchase amount is less than the original housing sales, the tax deposit will be refunded according to the proportion of the purchase amount to the original housing sales, and the balance will be paid into the state treasury as personal income tax. (3) If an individual does not buy a house again within 1 year after selling the existing house, all the tax deposits paid shall be turned over to the state treasury as personal income tax. (4) When an individual applies for refund of the tax deposit, he shall provide the competent tax authority with a legal and valid sales contract and other relevant certification materials required by the competent tax authority, and the tax deposit can only be refunded after being examined and confirmed by the competent tax authority. (five) individuals who sell or buy houses across administrative regions and meet the conditions for refunding tax deposits shall apply to the competent tax authorities for paying tax deposits.