Is there a difference between the second suite tax and the third suite tax?

Under normal circumstances, the deed tax will be levied at a reduced rate of 1% for individuals who purchase a second family-improved house with an area of 90 square meters or less; If the area is more than 90 square meters, the deed tax shall be levied at a reduced rate of 2%.

Individuals who purchase the third family suite will pay 3% or 4%. It should be noted that first-tier cities and non-first-tier cities implement differentiated deed tax policies, and the specific deed tax is determined according to local policies.

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