1, ad valorem: the tax basis is the original value of the property minus the residual value of 10%-30%, that is, the tax payable based on the original value of the property = original value of the property *( 1- 10% or 30%)* tax rate (/kloc-0)
2. Rent as the tax basis (that is, rental of real estate): the taxable amount based on real estate income = real estate income * tax rate (12%), if calculated by the residual value of real estate, the annual tax rate is10.2%, if calculated by real estate income, the annual tax rate is 12%.
Property tax is collected from rent;
1. When did we have the problem of ad valorem conversion? We use the original property for production and operation, and pay the property tax from the month of production and operation. The rest will be paid from next month. The calculation formula of personal rental housing rental income is: tax payable = real estate rental income * 4%;
2. The scope of property tax collection is called the "tax scope" of property tax, especially the area where property tax is levied. According to the Provisional Regulations on Property Tax, property tax is levied in cities, counties, towns and industrial and mining areas. The specific scope of taxation for cities, counties, towns and industrial and mining areas shall be determined by the people's governments of all provinces, autonomous regions and municipalities directly under the Central Government.
To sum up, the property tax rate is in line with the regulations, and the property tax is levied ad valorem at a proportional rate. If ad valorem is levied, the tax rate is1.2%; The tax rate levied from the rent is 12%.
Legal basis:
Article 3 of the Provisional Regulations on Property Tax
The property tax is calculated and paid according to the residual value after deducting 10% to 30% from the original value of the property. The specific scope of relief shall be stipulated by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government. If there is no original value of real estate as the basis, it shall be verified by the tax authorities where the real estate is located with reference to similar real estate. If the real estate is leased, the rental income of the real estate shall be the tax basis of the property tax.
Article 4
If the property tax is calculated and paid according to the residual value of the property, the tax rate is1.2%; If it is paid according to the rental income of real estate, the tax rate is 12%.
Article 7
Property tax is levied annually and paid in installments. The tax payment period shall be stipulated by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government.
Article 9
Property tax shall be levied by the tax authorities where the property is located.