财政部 税务总局关于个人销售住房增值税政策的公告财政部 税务总局公告2025年第17号

Core Viewpoint - The announcement from the Ministry of Finance and the State Taxation Administration outlines the new value-added tax (VAT) policy for individuals selling residential properties, effective from January 1, 2026. Individuals selling properties purchased within two years will be subject to a 3% VAT, while those selling properties held for two years or more will be exempt from VAT [1]. Summary by Relevant Sections - VAT Policy for Residential Property Sales: Individuals selling residential properties purchased for less than two years will pay a 3% VAT on the total sale amount. In contrast, sales of properties held for two years or longer will be exempt from VAT [1]. - Implementation Date: The new VAT policy will take effect on January 1, 2026. Prior to this date, any VAT related to residential property sales that has not been declared can be processed according to the new policy [1]. - Cancellation of Previous Regulations: The announcement also states that the previous regulations regarding the transition from business tax to VAT will be terminated simultaneously with the implementation of the new policy [1].