Does Foshan have to pay taxes for giving away real estate? What taxes do immediate family members have to pay for giving away real estate?

Does Foshan have to pay taxes for giving away real estate? What taxes do immediate family members have to pay for giving away real estate?

According to the relevant regulations of Foshan, the gift of real estate needs to pay certain taxes, including deed tax and stamp duty. Real estate gifts between immediate family members can enjoy certain tax reduction and exemption policies.

1. What taxes should I pay for the gift of real estate to Foshan?

Deed tax: According to the Regulations of Foshan Municipality on Deed Tax Collection, the deed tax of donated real estate is levied at 3% of the appraised house price.

Stamp Duty: According to the stamp duty collection regulations of Foshan, the stamp duty on donated property is levied at 0.05% of the appraised price of the house.

Other expenses: Other expenses, such as registration fee and transfer fees, can be paid when handling the property transfer formalities.

Two, immediate family members donated real estate tax relief policy

Proof of kinship: when handling the gift of real estate, you need to provide proof of kinship between the donor and the recipient, such as household registration book and marriage certificate.

Identification of the appraisal price of the house: When enjoying the tax reduction or exemption policy, you need to provide relevant documents of the appraisal price of the house to prove the value of the house.

Specific content of relief policy: According to Foshan's relevant regulations, real estate gifts between immediate family members can enjoy certain tax relief policies. The specific extent of relief depends on the kinship between the donor and the donee and the appraised price of the house.

To sum up:

Foshan needs to pay certain taxes and fees for giving away real estate, including deed tax and stamp duty. Real estate gifts between immediate family members can enjoy certain tax reduction and exemption policies. When handling the gift of real estate, it is necessary to provide proof of kinship and proof of house appraisal price, and go through the transfer formalities according to relevant regulations.