Approved projects: approved levy rate

The approved levy rate is determined on the basis of measuring the value-added rate, which is not less than 5%.

(The approved levy rate is determined on the basis of measuring the value-added rate as stipulated in the document "Circular of Jiangsu Local Taxation Bureau on Strengthening the Levy and Administration of Land Value-added Tax" (Su Di Shui Fa [2011] No. 53).

2. Approved items: the transfer of old houses with approved levy

Not less than 5%

(According to the provisions of Article 4 of the document "Circular of the State Administration of Taxation on the Strengthening of the Levy and Administration of Land Value-added Tax" (Guoshuifa [2010] No. 53), the approved levy rate shall not be less than 5% in principle.)