Property tax project: Macao property tax

The tax levied by China and Macau on local housing income is also called housing tax or housing voucher.

The scope of property tax collection includes: houses permanently located on the ground and houses connected with docks and ports; The independent units that make up a building are legally applicable to the hierarchy. No matter whether the house is rented or lived in, you have to pay taxes.

The taxpayer is the owner or lessor of the house. Property tax is based on taxable income. For houses with lease relationship, the rent obtained by the lessor according to the lease contract is taxable income. In case of maintenance expenses, the owner may apply for deduction of maintenance expenses such as watchman's fees, public electricity fees, central air conditioning fees, elevator fees, etc., and the maximum amount is 10% of taxable income. The difference between the annual rent paid by the sublessor and the annual contract rent paid by the lessee is taxable income.

For houses without lease relationship, the estimated rental income is regarded as taxable income, and if there is maintenance cost, the maximum income can be obtained. 10% deduction. Property tax reflects the encouragement of housing renewal in tax rate design and preferential treatment. What's the tax rate for new buildings? 10%, and the tax rate for old buildings that have not been expanded or rebuilt is 16%. The scope of tax exemption includes: government, local self-government organs, public welfare organizations, school-owned houses and buildings; Temples and buildings used by religious organizations and groups for religious sacrifices; Individuals or groups engaged in any industry, non-leased buildings dedicated to the establishment and work of their industrial sites, and their buildings are used by non-profit primary and secondary schools or colleges and universities all the year round; Newly-built houses, commercial houses, and reconstructed and expanded buildings, as long as the project value exceeds the market price of the building? 50% rivers are tax-free regularly; New buildings used to run factories should be tax-free on a regular basis.

Property tax collection procedures include registration, declaration, payment and declaration. If the monthly rent of a unit exceeds 800 patacas, both the landlord and the tenant need to register with the office of the contract officer, and then with the Property Tax Division of the Financial Secretary; If the monthly rent is less than 800 patacas, it is not necessary to register with the lease office, but the standard lease printed by the Financial Secretary should be purchased in triplicate, one for each party and the other for registration with the Property Tax Branch of the Financial Secretary. When the rental house is reduced, increased, terminated or vacant, the owner shall register the change. Property tax is declared in March every year, and the Financial Secretary completes the verification of taxable income in February and pays it within a time limit. Taxpayers who have objections to the approved tax amount may file a declaration before April 15 or within 10 days after receiving the notice.

(The above answers were published on 2014-07-11. Please refer to the actual situation for the current purchase policy. )

When buying a new house, go to Sohu Focus.