Core Viewpoint - The article discusses the tax refund policy for individuals who sell their own housing and purchase new housing within one year, emphasizing the eligibility criteria and application process for tax refunds related to personal income tax on housing transactions [11][12][24]. Group 1: Policy Duration - The policy is effective from January 1, 2026, to December 31, 2027, allowing taxpayers to benefit from tax refunds during this period [9]. Group 2: Tax Refund Requirements - Taxpayers must sell their existing housing and purchase new housing within the same city, which includes all administrative divisions under the jurisdiction of the same municipality or provincial-level city [11]. - The amount of tax refund is calculated based on the relationship between the selling price of the existing housing and the purchase price of the new housing [12]. Group 3: Calculation of Refund Amount - If the purchase price of the new housing is greater than or equal to the selling price of the existing housing, the refund amount equals the personal income tax paid at the time of the sale [12]. - If the purchase price is less than the selling price, the refund amount is calculated as a proportion of the personal income tax based on the new purchase price [12]. Group 4: Application Materials - Required documents for the application include the "Personal Income Tax Refund Application Form for Residents' Housing Exchange," taxpayer identification, transaction contracts for both the existing and new housing, and relevant property certificates [15][16][18]. Group 5: Tax Authority Judgement - Taxpayers must submit their applications to the tax authority responsible for collecting personal income tax on the sale of the existing housing to enjoy the tax refund policy [22]. Group 6: Policy Basis - The policy is based on the announcement regarding the continuation of support for residents' housing exchange and related personal income tax policies [24].

Core Viewpoint - The article discusses the key points of the individual income tax policy related to the sale and repurchase of housing, emphasizing the tax refund process for taxpayers who sell their own homes and buy new ones within a specified timeframe [12][21]. Group 1: Policy Duration and Requirements - The policy is effective from January 1, 2026, to December 31, 2027, allowing taxpayers to sell their own homes and repurchase new ones within one year after the sale [13]. - The sale and repurchase of housing must occur within the same city, defined as the administrative area of the same municipality, sub-provincial city, or prefecture-level city [13]. Group 2: Tax Refund Calculation - The tax refund amount is calculated based on the difference between the purchase price of the new home and the selling price of the current home. If the purchase price exceeds the selling price, the refund is the personal income tax paid during the sale [15][16]. - If the purchase price is less than the selling price, the refund amount is adjusted accordingly [15]. Group 3: Application Materials - Taxpayers must submit several documents to apply for the tax refund, including the tax refund application form, identification documents, and contracts related to both the sold and purchased properties [18]. Group 4: Tax Authority Involvement - Taxpayers seeking to benefit from the individual income tax refund policy must apply to the tax authority responsible for collecting the personal income tax on the sale of the current home [19]. Group 5: Policy Basis - The policy is based on the announcement from the Ministry of Finance, State Taxation Administration, and the Ministry of Housing and Urban-Rural Development, which outlines the continuation of support for residents exchanging homes [21].