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How Should Foreign Domestic Rental Housing Pay Urban Real Estate Tax?

2007/6/25 13:05:00 40372

According to the document of Beijing Finance and Taxation (1998) 795, the rental housing of foreign individuals with property rights shall be calculated on the basis of the original value of their property and the urban real estate tax shall be calculated.

The formula is: the tax payable = the original value of the house * 1.2% * (1-30%)

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Do Foreign Invested Enterprises Make Use Of The Houses In Civil Air Defense Projects For Business Activities To Levy Urban Real Estate Tax?

In accordance with the regulations laid down in the document No. 2000 of Beijing Finance, since January 1, 2000, in order to encourage the use of underground air defense facilities and to carry out business activities of foreign-funded enterprises in the use of houses in civil air defense projects, the urban real estate tax shall not be levied for the time being.