Job Recruitment Website - Property management company - [R&F Tianlang Mingju] How to calculate business tax and income tax when buying and selling second-hand houses?

[R&F Tianlang Mingju] How to calculate business tax and income tax when buying and selling second-hand houses?

Hello! The former business tax is now called value-added tax or luxury house tax. Only when two conditions are met can this tax be paid. One is that if you buy a real estate license for less than two years, you need to pay 5.6% VAT. The other is that if you buy a house over 144 square meters, you need to pay 5.6% luxury tax.