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When Does The Newly Built Or Purchased Property Of A Foreign-Funded Enterprise Begin To Pay The Urban Real Estate Tax?

2007/6/25 13:06:00 40433

According to Beijing Finance and Taxation (1998) 795, foreign invested enterprises should pay the urban real estate tax from the month after completion or purchase.

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Read the next article

How Should Foreign Domestic Rental Housing Pay Urban Real Estate Tax?

According to the Beijing Finance and Taxation (1998) 795 document, the foreign personal rental housing with the property right of the house shall be calculated on the basis of the original value of its real estate and the urban real estate tax shall be calculated. The formula is: tax payable = original value of property × 1.2%× (1-30%)