个人销售购买2年或以上的住房免征增值税

Core Viewpoint - The Ministry of Finance and the State Taxation Administration have announced a new policy regarding the value-added tax (VAT) on the sale of residential properties by individuals, effective from January 1, 2026, which introduces a 3% VAT for properties sold within two years of purchase and exempts properties sold after two years from VAT [1] Summary by Categories Tax Policy Changes - Individuals selling residential properties purchased for less than two years will be required to pay a full VAT at a rate of 3% [1] - Individuals selling residential properties purchased for two years or more will be exempt from VAT [1] - The new policy will take effect on January 1, 2026, replacing previous regulations [1] Transitional Provisions - For sales of residential properties before January 1, 2026, where VAT has not yet been declared and paid, individuals can apply the new policy provisions if they meet the criteria [1]