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2023-02-28 04:01:39

The Ministry of Finance (MOF) and the state administration of taxation (sat) have issued the “Notice on the issue of linkage of preferential policies after the implementation of the deed tax law”(notice No. 29 of the 2021 of MOF and sat, hereinafter referred to as “Notice No. 29”) , in principle, it redefines whether to levy deed tax on the change of real property ownership involved in divorce, and makes clear that the land of common property is divided by the couple because of divorce

Another celebrity couple is divorced. What did you come up with about divorce tax law?

Deeds, right. Deed tax is a tax levied on the transfer of ownership of real estate, that is, when the real estate is transferred.

So how is deed tax levied when the property is changed between husband and wife?

The law of our country clearly stipulates that during the existence of the relationship between husband and wife, the husband and wife who change the ownership of real estate can be exempted from the deed tax.

What if we get a divorce?

In 2021, our country introduced a new policy, divorce and division of property is also exempt from deed tax.The Ministry of Finance and the State Administration of Taxation issued the Announcement on the Connection of Preferential Policies after the Implementation of the Deed Tax Law (Announcement No. 29 of 2021, hereinafter referred to as "Announcement No. 29"), which redefines whether deed tax is levied on changes in the ownership of immovable property involved in divorce and property from the principle of deed tax legislation, and clarifies that if the husband and wife change the ownership of land and housing due to divorce and division of common property, they are exempt from deed tax.

Therefore, after the divorce of the two stars, the division of real estate is not subject to deed tax.