Taxation Overview - The article discusses various tax rates applicable to individuals and businesses in the context of property rental income, including personal income tax, property tax, and urban maintenance and construction tax [3][4]. Personal Income Tax - Rental income from individuals subletting properties is subject to personal income tax, calculated under "property rental income" at a reduced rate of 10% for individuals renting out residential properties. For non-residential properties, the tax rate is 20% [3]. - Deductions for property rental income include taxes paid to the landlord, rent paid, and actual expenses incurred by the taxpayer, with specific deduction standards based on income levels [3]. Property Tax - Property tax is based on rental income, with a standard rate of 12%. For individuals renting out residential properties, a lower rate of 4% applies. From January 1, 2023, to December 31, 2027, property tax is halved [3]. Business Rental Tax - Businesses renting out properties can choose between simplified and general taxation methods, with rates of 5% and 9% respectively. For housing rented to individuals, a reduced rate of 1.5% applies under the simplified method [3].