Group 1 - The National Development and Reform Commission and the Ministry of Finance announced a policy for large-scale equipment updates and consumer goods replacement in 2026, focusing on various sectors including public welfare, safety, and consumer infrastructure [1] - The policy includes subsidies for the replacement of old vehicles and household appliances, specifically targeting six categories such as refrigerators, washing machines, televisions, air conditioners, computers, and water heaters [1] - The scope of the new digital product subsidy has been expanded to include smartphones, tablets, smartwatches, smart glasses, and smart home products, including those designed for elderly care [1] Group 2 - The Ministry of Finance and the State Taxation Administration issued a notice regarding the value-added tax policy for personal housing sales, effective January 1, 2026, imposing a 3% tax on properties sold within two years of purchase and exempting those sold after two years [3] - For housing provident fund loans issued before May 8, 2025, the interest rate will be reduced by 0.25 percentage points starting January 1, 2026, with new rates set for first and second home loans [5] - A joint notice from the National Development and Reform Commission, the Ministry of Education, and the Ministry of Finance outlines the kindergarten fee policy effective January 1, 2026, establishing government-guided pricing for non-profit kindergartens and market-regulated pricing for for-profit institutions [6] Group 3 - The Ministry of Finance, the State Taxation Administration, and the Ministry of Industry and Information Technology announced a continuation and optimization of the tax exemption policy for new energy vehicles, reducing the vehicle purchase tax by half for purchases made between January 1, 2026, and December 31, 2027, with a maximum tax reduction of 15,000 yuan per vehicle [8] - The policy specifies that new energy vehicles must meet certain technical requirements to qualify for tax exemptions, including a minimum electric driving range for plug-in hybrid vehicles [8]

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].

Core Viewpoint - The Chinese Ministry of Finance and the State Taxation Administration announced new policies regarding the value-added tax (VAT) on personal housing sales, effective January 1, 2026 [1] Summary by Relevant Categories Tax Policy Changes - Individuals selling homes purchased for less than 2 years will be subject to a VAT rate of 3% on the total sale amount [1] - Individuals selling homes purchased for 2 years or more will be exempt from VAT [1] - The new VAT regulations will apply to personal sales of housing that have not yet been declared and paid before January 1, 2026, provided they meet the announcement's criteria [1]

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]

本报讯 （记者韩昱）据财政部网站12月30日消息，财政部、税务总局发布了《关于个人销售住房增值税政策的公告》（以下简称《公告》）。 来源：财政部网站 《公告》明确，个人（不含个体工商户中的一般纳税人，下同）将购买不足2年的住房对外销售的，按照3%的征收率全额缴纳增值税；个人将购买2年以上 （含2年）的住房对外销售的，免征增值税。 该公告自2026年1月1日起施行。《财政部 国家税务总局关于全面推开营业税改征增值税试点的通知》（财税〔2016〕36号）附件3《营业税改征增值税试点 过渡政策的规定》第五条第一款同步停止执行。 《公告》明确，2026年1月1日前，个人销售住房涉及的增值税尚未申报缴纳的，符合该公告规定的可按该公告执行。 ...

Core Viewpoint - The Ministry of Finance and the State Taxation Administration announced a new policy regarding the value-added tax (VAT) on the sale of residential properties by individuals, effective from January 1, 2026 [1] Summary by Relevant Categories Tax Policy Changes - Individuals (excluding general taxpayers among individual businesses) selling residential properties purchased for less than 2 years will be subject to a VAT rate of 3% on the total sale amount [1] - Individuals selling residential properties purchased for 2 years or more will be exempt from VAT [1] - The policy allows individuals who have not yet declared and paid VAT on property sales before January 1, 2026, to comply with the new regulations [1]

Core Points - The announcement outlines the new value-added tax (VAT) policy for individuals selling residential properties, effective from January 1, 2026 [1][2]. Summary by Sections VAT Policy for Residential Property Sales - Individuals selling residential properties purchased for less than 2 years will be subject to a full VAT payment at a rate of 3% [1]. - Individuals selling residential properties purchased for 2 years or more will be exempt from VAT [1]. - The previous regulations regarding the transition from business tax to VAT will be repealed as of the same effective date [1]. Implementation Date - The new VAT policy will come into effect on January 1, 2026 [1][3].

央视网消息：据财政部网站消息，日前，财政部、税务总局发布关于个人销售住房增值税政策的公告。 个人（不含个体工商户中的一般纳税人，下同）将购买不足2年的住房对外销售的，按照3%的征收率全 额缴纳增值税；个人将购买2年以上（含2年）的住房对外销售的，免征增值税。 本公告自2026年1月1日起施行。《财政部 国家税务总局关于全面推开营业税改征增值税试点的通知》 （财税〔2016〕36号)附件3《营业税改征增值税试点过渡政策的规定》第五条第一款同步停止执行。 2026年1月1日前，个人销售住房涉及的增值税尚未申报缴纳的，符合本公告规定的可按本公告执行。 ...

Key Points - The Ministry of Finance and the State Administration of Taxation jointly announced a new policy regarding the value-added tax (VAT) on the sale of personal housing, effective from January 1, 2026. Individuals selling homes purchased for less than 2 years will be subject to a VAT rate of 3%, while those selling homes purchased for 2 years or more will be exempt from VAT [1] - The announcement also states that prior to January 1, 2026, individuals who have not yet declared and paid VAT on housing sales may apply the new policy if they meet the specified conditions [2]