两部门：个人将购买2年及以上住房对外销售免征增值税

Core Viewpoint - The announcement by the Ministry of Finance and the State Taxation Administration regarding the adjustment of the value-added tax (VAT) policy for personal housing sales is a significant policy change in the real estate sector, aimed at reducing tax burdens and stimulating market activity [1][2]. Group 1: Tax Policy Changes - Individuals selling homes purchased for less than 2 years will now pay VAT at a rate of 3%, down from the previous rate of 5% [1]. - Homes purchased for 2 years or more will be exempt from VAT entirely [1]. Group 2: Market Implications - The reduction in VAT rates is expected to lower the selling costs for homeowners, thereby encouraging them to sell their old homes and purchase new ones, which will help meet the demand for improved housing [1]. - A more active second-hand housing market is anticipated to positively influence the new housing market, creating a virtuous cycle in the real estate sector [2]. - The policy is set to take effect on January 1, 2026, with prior unreported VAT on personal housing sales eligible for the new regulations [2].