Multiple tax policies to promote the stable and healthy development of the real estate market were announced on the 13th, including increasing the preferential treatment of deed tax in the housing transaction process and reducing the lower limit of the pre tax rate for land value-added tax. On that day, the Ministry of Finance, the State Administration of Taxation, and the Ministry of Housing and Urban Rural Development issued relevant announcements clarifying the above arrangements. The heads of the relevant departments of the three departments introduced that this policy adjustment will increase the preferential treatment of deed tax in the housing transaction process, actively support residents' rigid and improved housing needs; Reduce the lower limit of the pre tax rate for land value-added tax and alleviate the financial difficulties of real estate enterprises. Specifically, in terms of deed tax, the current area standard for enjoying a 1% low tax rate preferential treatment will be increased from 90 square meters to 140 square meters, and it will be clarified that Beijing, Shanghai, Guangzhou, and Shenzhen can apply the same preferential policy for deed tax on second homes for families as other regions. That is, after the adjustment, nationwide, for individuals who purchase their only home and second home for families, as long as the area does not exceed 140 square meters, deed tax will be uniformly paid at a rate of 1%. In terms of land value-added tax, the lower limit of the pre tax rate for land value-added tax in various regions will be uniformly reduced by 0.5 percentage points. Each region can adjust the actual pre tax rate based on its own situation. At the same time, the heads of the relevant departments of the three departments introduced the preferential policies for value-added tax and land value-added tax that are linked to the cancellation of the standards for ordinary and non ordinary residential properties, reducing the transaction costs of second-hand houses and maintaining the stability of the tax burden of real estate enterprises. In terms of value-added tax, after the cancellation of the standards for ordinary and non ordinary residential properties in relevant cities, individuals who have purchased housing for more than 2 years (including 2 years) will be exempt from value-added tax. The previous regulations that levied value-added tax on individuals who have purchased non ordinary housing for more than 2 years (including 2 years) in Beijing, Shanghai, Guangzhou, and Shenzhen will be correspondingly suspended. In terms of land value-added tax, cities that have abolished the standards for ordinary and non ordinary residential properties will continue to implement the preferential policy of exempting land value-added tax for taxpayers who construct and sell ordinary standard residential properties with a value-added amount not exceeding 20% of the deducted project amount. The reporter learned that in order to ensure that taxpayers can enjoy the benefits of tax preferential policies in a timely manner, the tax department will work with relevant departments to take a series of measures to continuously optimize tax services and enhance taxpayers' satisfaction and sense of gain. (New Society)