Under 90 square meters (including 90 square meters), the first set of deed tax 1% and the second set of deed tax 1%. The first set of deed tax over 90 square meters 1.5%, and the second set of deed tax is 2%. There is no value-added tax for two years, and 5.3% value-added tax and surcharges are levied for less than two years.
The only residence under the owner's family name for five years is exempt from individual tax and value-added tax, otherwise there will be 1% individual tax.
Current deed tax policy in Hangzhou
First suite: when it is less than or equal to 90 square meters, the deed tax rate is1%; Over 90 square meters, the deed tax rate is1.5%;
Second suite: when the building area is less than or equal to 90 square meters, the deed tax rate is1%; When the transaction housing area is more than 90 square meters, the deed tax rate is 2%;
Third suite and above: deed tax rate is 3%.
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