Abolishing standards for ordinary housing and non-ordinary housing is a key reform measure to speed up the construction of a new model for real estate development. Promoting this reform task not only requires the cities concerned to take the initiative to cancel the relevant standard certification, but it is also inseparable from the finance and taxation departments to optimize some tax policy documents. According to experts and scholars interviewed, from the recent timely cancellation or adjustment of general housing standards in many places to the Ministry of Finance's disclosure that it is urgently studying and clarifying value-added tax and land value-added tax policies linked to the abolition of general housing and non-general housing standards, they all indicate that housing transaction costs will be further reduced, and residents' needs for improved housing will be better met. Looking back, preferential tax policies for the real estate market still have room for action, and it is expected that residents' housing purchase costs and tax pressure on housing enterprises will be further reduced.

Zhitongcaijing · 10/17 19:17
Abolishing standards for ordinary housing and non-ordinary housing is a key reform measure to speed up the construction of a new model for real estate development. Promoting this reform task not only requires the cities concerned to take the initiative to cancel the relevant standard certification, but it is also inseparable from the finance and taxation departments to optimize some tax policy documents. According to experts and scholars interviewed, from the recent timely cancellation or adjustment of general housing standards in many places to the Ministry of Finance's disclosure that it is urgently studying and clarifying value-added tax and land value-added tax policies linked to the abolition of general housing and non-general housing standards, they all indicate that housing transaction costs will be further reduced, and residents' needs for improved housing will be better met. Looking back, preferential tax policies for the real estate market still have room for action, and it is expected that residents' housing purchase costs and tax pressure on housing enterprises will be further reduced.