Core Viewpoint - The article discusses the tax implications of property transfers between spouses during marriage and after divorce, highlighting the exemption from deed tax when dividing common property upon divorce [3][5]. Group 1: Tax Regulations - Couples are exempt from deed tax when transferring property rights due to divorce, but must pay deed tax for property transfers that occur during the marriage [3][5]. - According to the regulations, individuals receiving property as a gift are subject to full deed tax [5]. Group 2: Case Analysis - In a case where one spouse gifts a property to the other during marriage, the recipient must pay deed tax on that property [5]. - When a couple purchases a jointly owned property, both parties are required to pay deed tax [5]. - Upon divorce, if the agreement states that one spouse retains ownership of the jointly purchased property, that spouse is exempt from deed tax for the transfer [5].

Group 1: Market Overview - The market has seen adjustments in hot sectors, with cyclical commodities like coking coal, aluminum, and Brent crude oil performing well due to the Middle East crisis affecting global commodity supply [2] - The North China 50 index has adjusted, influenced by discussions around micro-cap stock trading congestion, with cautious investors taking action [2] - A weekly review of A-shares shows bank stocks leading in gains, while sectors like beauty care, pharmaceuticals, textiles, and social services have seen declines [2] Group 2: Middle East Risk - The Middle East crisis is currently limited to Iran, but concerns are growing about the potential for escalation following U.S. airstrikes on Iranian nuclear facilities [3] - Predictions suggest that if Iran expands its attacks and blocks the Strait of Hormuz, oil prices could surge to $120-130 per barrel, leading to high global inflation and reduced manufacturing profits [3] - Analysis indicates that U.S. actions may be politically motivated to alleviate internal pressures, with a focus on avoiding ground troop deployment [3] Group 3: China Asset Revaluation - The recent Lujiazui Forum indicated a policy tone favoring openness, which could release policy dividends for the revaluation of Chinese assets [5] - Foreign Direct Investment (FDI) in China has shown a decline, with actual foreign investment amounting to 358.19 billion yuan in the first five months of 2025, down 13.2% year-on-year [5][6] - The structure of FDI shows positive trends in high-tech industries, with significant growth in sectors like e-commerce services and aerospace manufacturing [6] Group 4: Tax Revenue Insights - National public budget revenue for January to May 2025 was 96,623 billion yuan, a slight decrease of 0.3% year-on-year, with land use rights revenue down 11.9% [7] - The probability of a real estate market resurgence is low, as indicated by declining property-related tax revenues [7] - Securities transaction stamp duty increased by 52.4% year-on-year, reflecting heightened market activity and the importance of the stock market in asset revaluation [8] Group 5: Non-Tax Revenue and Market Dynamics - Non-tax revenue grew by 6.2% year-on-year, indicating a shift in focus from external factors to internal reforms and adjustments in interests [9] - The government is increasingly normalizing its behavior in revenue collection, which is crucial for market vitality and asset revaluation [9] Group 6: Long-Term Asset Revaluation - While external risk premiums suggest a foundation for asset revaluation in China, internal conditions still require improvement for a complete revaluation [10] - The restructuring of international order and adjustments in China's leading industries present ongoing investment opportunities [11]

Group 1 - The article addresses common questions regarding deed tax, specifically focusing on the tax rates applicable to different types of housing purchases [1][2][3] - For first-time homebuyers purchasing a residential property of 140 square meters or less, a deed tax rate of 1% applies; for properties larger than 140 square meters, the rate is 1.5% [1] - For second homes, the deed tax rate is 1% for properties of 140 square meters or less and 2% for those larger than 140 square meters [2][3] Group 2 - The article clarifies that no deed tax is required when a parent company transfers land rights to its wholly-owned subsidiary, as per the relevant regulations [4][5] - The exemption applies to asset transfers within the same investment entity, including between parent companies and wholly-owned subsidiaries [4] Group 3 - It is specified that taxpayers must pay the deed tax before applying for property ownership certificates, as outlined in the deed tax law [5][6] - The tax authority issues a tax payment certificate after the tax is paid, which is necessary for property registration [5] Group 4 - The article states that the cost of renovations for newly purchased homes must be included in the taxable basis for deed tax [6] - The total price for deed tax calculation includes the price specified in the contract, which encompasses both the property price and any renovation costs [6] Group 5 - Instructions for filing and paying deed tax through the electronic tax bureau are provided, detailing the steps for taxpayers to follow [8]

Group 1 - The Ministry of Finance issued a response regarding the taxation of contract tax related to housing transactions, indicating that prizes awarded by banks for savings should be taxed similarly to gift tax [1] - Individuals purchasing public housing or state-owned properties at discounted prices in pilot cities are exempt from contract tax, with "public housing" defined as properties sold by state-owned units to employees [1] - Notarized contracts for property transfer can validate the legality and authenticity of the transaction, but do not replace the need for a property ownership certificate [1][2] Group 2 - Property ownership certificates issued by urban real estate management agencies and contract tax certificates issued by financial authorities are recognized as legal proof of property ownership [2] - Local financial departments must indicate the payment of contract tax on property ownership certificates when collecting taxes on behalf of real estate management agencies [3] - Direct tax collection by financial authorities requires prior approval from real estate management agencies before processing property ownership transfers [3]