Notice of the Ministry of Finance and the State Administration of Taxation on Deed Tax related to thNotice of the Ministry of Finance and the State Administration of Taxation on Deed Tax related to the transfer of land and housing ownership between natural persons and their sole propriety-owned enterprises or one-person limited liability companies Finance and Taxation [2008] No. 142 2008-11-25 Provinces, autonomous regions and municipalities directly under the central government, cities under separate state planning departments (bureau), the local taxation bureau, the xinjiang production and construction corps finance bureau: After research, the deed tax on the free transfer of land and housing ownership between natural persons and their sole propriety-owned enterprises and one-person limited liability companies is clarified as follows: According to Article 7 of the Notice of the Ministry of Finance and the State Administration of Taxation on Several Deed Tax Policies on Enterprise Restructuring and Reorganization (Caihui [2003] No. 184), "In the process of enterprise restructuring and reorganization, no deed tax is levied on the free transfer of land and housing ownership between enterprises belonging to the same investment subject". The unpaid transfer of land and housing ownership between a natural person and its sole propriet-owned enterprise or one-person limited liability company may be exempted from deed tax by reference to the above provisions for the transfer of land and housing ownership within the same investment subject. Ministry of Finance State Administration of Taxation November 17, 2008
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