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Deed Tax Collection: State-owned Land Use Right Grant Clarification - 国家税务总局关于明确国有土地使用权出让契税计税依据的批复
December 11, 2009
Released on October 27, 2009, and effective as of the same date
The State Administration of Taxation (SAT) on October 27, 2009, issued a Reply by clarifying the Base of Deed Tax Collection of State-Owned Land Use Right Grant, which mainly states:
· Where the state-owned Land Use Right (LUR) is granted, the deed tax shall be collected on the basis of all the economic benefits the grantee pays for the obtainment of LUR;
· Where the state-owned LUR is obtained through public tender, auction or open bidding, the deed tax shall be collected on the basis of the overall land transaction price, among which the land pre-development cost shall not be deducted.