上海拓展个人住房房产税税收减免范围

Core Viewpoint - The recent notification from Shanghai's financial and tax authorities optimizes the personal housing property tax policy, effective from January 1, 2025, providing tax exemptions for certain qualified individuals and families [1][2]. Group 1: Policy Details - The notification exempts property tax for high-level talents and key industry professionals with a residence permit who purchase their first home in Shanghai [1]. - For families purchasing a second home or more, if the combined housing area per person does not exceed 60 square meters, the new property is also exempt from property tax; otherwise, tax will be levied on the excess area [1][2]. Group 2: Context and Implications - The new policy is a detailed implementation of the "Six Policies" released in August, which aimed to refine the property tax framework and support reasonable housing consumption [2]. - The policy is expected to benefit non-local families purchasing multiple homes, aligning their tax treatment with local families, thus reducing holding costs and stimulating market demand [4]. - Since the introduction of the property tax pilot in 2011, the tax exemption was previously limited to local residents, but recent adjustments have allowed non-local families to purchase multiple homes, enhancing market activity [3][4].