When to pay the deed tax and maintenance fund when you buy a house with a loan

The deed tax of the house should be paid after signing the purchase contract and before applying for the real estate license.

Maintenance fund should be paid before the check-in procedure.

According to the Provisional Regulations on Deed Tax of the People's Republic of China

Article 8, the time of occurrence of the tax obligation of deed tax shall be the day when the taxpayer signs the contract for the transfer of land and housing ownership or the day when the taxpayer obtains other certificates of the nature of the contract for the transfer of land and housing ownership.

Article 9 A taxpayer shall, within 10 days from the date of occurrence of the tax obligation, file a tax declaration with the deed tax collection authority of the place where the land or house is situated, and pay the tax within the period approved by the deed tax collection authority.

Article 11 Taxpayers shall, with the deed tax payment vouchers and other prescribed documents and materials, register the change of ownership of the land or house concerned with the land administration department and the property administration department in accordance with the law.

If the taxpayer fails to produce the tax payment certificate for the deed tax, the land administration department and the real estate administration department shall not go through the procedures for registration of the change of ownership of the land or house concerned.

Second, according to the "residential special maintenance fund management measures" Article XII of the commercial residential property owners should be in the house before the check-in procedures, the first residential special maintenance funds deposited into the residential special maintenance fund account.

Expanded Information:

I. According to the "Interim Regulations on Deed Tax of the People's Republic of China*** and the State", the amount of tax to be paid on deed tax and tax exemptions are as follows:

1. The rate of the deed tax is 3-5%, and the applicable rate of the deed tax is determined by the people's governments of the provinces, autonomous regions, and municipalities directly under the central government in accordance with the actual situation in the region within the range stipulated in the preceding paragraph, and is reported to the Ministry of Finance and the State Administration of Taxation for the record.

2. The tax basis of deed tax: state-owned land use right grant, land use right sale, house sale, for the transaction price; land use right grant, house grant, by the collection authority with reference to the land use right sale, house sale market price approval; land use right exchange, house exchange, for the exchange of land use right, the difference in the price of the house.

If the transaction price is obviously lower than the market price and there is no justifiable reason for it, or if the difference in the price of the exchanged land use right or house is obviously unreasonable and there is no justifiable reason for it, the expropriation authority shall approve it with reference to the market price.

3. Taxable amount = tax basis × tax rate

The taxable amount is calculated in RMB. If the transfer of land and housing ownership is settled in foreign currency, it shall be calculated in accordance with the mid-rate of the market exchange rate of RMB announced by the People's Bank of China on the date of occurrence of the tax obligation.

4. Deed tax shall be reduced or exempted in one of the following cases: state organs, institutions, social organizations, military units bear land, housing for office, teaching, medical care, scientific research and military facilities; urban workers purchase public housing for the first time according to the regulations; re-purchase of housing due to force majeure loss of housing, discretionary reduction or exemption; and other reduction or exemption of deed tax as stipulated by the Ministry of Finance.

Second, according to the "Residential Special Maintenance Funds Management Measures" maintenance funds to pay the standard and the scope of use are as follows:

1. commercial residential property owners, non-residential property owners in accordance with the building area of the property owned by the deposit of residential special maintenance funds, per square meter of floor area for the first deposit of residential special maintenance funds for the amount of the cost of the local residential construction and installation works per square meter of 5 percent. To 8%.

Municipalities directly under the Central Government, city and county people's governments, construction (real estate) departments should be based on the situation in the region, reasonably determined, published per square meter of floor area to deposit the first amount of special maintenance funds for residential and adjusted in due course.

2. Owners of residential special maintenance funds deposited belong to the owners.

3. Residential special maintenance funds are specifically for residential *** with parts, *** with facilities and equipment warranty expires after the maintenance and renewal, transformation of funds.

***Use parts generally include: residential foundation, load-bearing walls, columns, beams, floor slabs, roofs, and outdoor walls, foyers, stairwells, corridors and so on.

***Use of facilities and equipment generally include elevators, antennas, lighting, fire facilities, green space, roads, street lights, ditches, pools, wells, non-operational car parks and garages, public welfare, cultural and sports facilities, and ****Use of facilities and equipment used in the house.

Reference:

The People's Republic of China **. ** and the Central People's Government of the People's Republic of China - Provisional Regulations on Deed Tax of the People's Republic of China*** and the People's Republic of China

Baidu Encyclopedia - Measures for the Administration of Residential Special Maintenance Funds