What Is Business Tax Planning?

Business tax levy refers to the reduction and exemption of business tax on personal housing transfer.

Business tax exemption

Right!

Business tax levy refers to the reduction and exemption of business tax on personal housing transfer.

The research department of Mantanghong believes that in the recently introduced New Deal, the "return period of business tax exemption for individual housing transfers from 2 years to 5 years" has the greatest impact on the second-hand property market. Among them, the first time home buyers are most affected by the actual policy, and the psychological impact of the policy is most affected by investors.

In 2009, the number of second-hand housing transactions in Guangzhou has surpassed the number of first-hand housing. The second-hand property market is an important part of the existing housing gradient consumption system, and its healthy development is of great significance to the entire real estate market. Objectively speaking, under the guidance of science, the second-hand property market can fully play its positive role as a price stabilizer: When the investment atmosphere is high and hot money flows into the property market, due to the time required for housing development, the first-hand property alone cannot achieve it in time. The supply of houses can easily lead to a unilateral market in which demand exceeds supply, causing house prices to soar. At this time, lower transaction costs can promote the participation of second-hand housing, reduce the relationship between supply and demand, and stabilize property prices. When the investment climate diminishes and funds flow out, lower housing transaction costs lower the threshold for residents to enter the market, highlighting the value of housing purchases, and help attract social funds to buy properties, which in turn stabilizes property prices and prevents a sharp fall. Therefore, although lower transaction costs may provide opportunities for speculation in the property market, they are also a key factor in maintaining a stable and active market. Therefore, in the process of regulation and control, care must be taken to increase transaction costs and minimize accidental injuries. The pace of life of modern people is accelerating. The average person (especially young people buying a home for the first time) is likely to change their home after working for 3-5 years due to changes in the working environment and living conditions. The five-year tax collection period is slightly too long. The research department of Mantanghong believes that in order to curb speculative investment in house purchase and minimize the accidental damage to normal demand, it is more reasonable to implement a full sales tax policy on resale transactions within 2 or 3 years. In addition, it is necessary to strictly implement the secondary mortgage policy.

The research department of Mantanghong judged that due to the recovery of the business tax exemption period from 2 years to 5 years, the impact is huge. It is expected that after the last round of climax in December, the market turnover will be at least as early as next year as the policy resumes. Down 20 to 30%. In general, the atmosphere of the second-hand property market in the first half of next year will come out of the frenzy in 2009 and will calm down, but the second half will depend on changes in policies and economic conditions.