Tax Policies Summary - Rental income from leased real estate can be averaged over the lease period, and if the monthly rental income does not exceed 100,000 yuan, it is exempt from value-added tax (VAT) [6][9] - Urban maintenance and construction tax is based on the VAT amount, with rates of 7% for urban areas, 5% for county towns, and 1% for other areas [6] - Education fee surcharge is calculated at 3% of the VAT amount, while local education surcharge is 2% of the VAT amount [6] - Personal income tax on rental income is calculated as "property leasing income," with a reduced tax rate of 10% for personal rental income [6] - Various deductions are allowed for property leasing income, including taxes paid during the leasing process and actual repair expenses, with specific limits on deductions [6] Exemption Policies - From January 1, 2023, to December 31, 2023, small-scale VAT taxpayers with monthly sales below 100,000 yuan are exempt from VAT [8] - Small-scale taxpayers exceeding the 100,000 yuan threshold but below after deducting real estate sales are also exempt from VAT [8] - The exemption for education fee surcharges, local education surcharges, and water conservancy construction funds has been expanded to monthly sales below 100,000 yuan [10] - Local governments can determine reductions in various taxes for small-scale taxpayers and individual businesses within a 50% range [10][11] Additional Tax Benefits - From January 1, 2023, to December 31, 2027, small-scale VAT taxpayers, small micro-profit enterprises, and individual businesses will benefit from a 50% reduction in resource tax, urban maintenance and construction tax, property tax, and other related taxes [11] - In Shaanxi Province, businesses and individual operators will pay a reduced rate of 0.5% for water conservancy construction funds, with a further reduction to 0.3% in specific zones [11]