根据《公告》，2026年1月1日至2027年12月31日期间，出售自有住房并在现住房出售后1年内重新 购房的纳税人，可享受个人所得税退税优惠。其中，新购住房金额大于或等于现住房转让金额的，全部 退还已缴纳的个人所得税；新购住房金额小于现住房转让金额的，按新购住房金额占现住房转让金额的 比例退还税款。 近日，财政部、税务总局、住房城乡建设部联合发布《关于延续实施支持居民换购住房有关个人所 得税政策的公告》（以下简称《公告》），明确将居民换购住房个税退税优惠政策延续至2027年12月31 日。该政策叠加近期密集落地的信贷支持、税费减免、交易流程优化等系列举措，形成全方位降低购房 成本的政策"组合拳"，为房地产市场平稳运行注入强劲动力，切实回应了居民"住有宜居"的民生期待。 政策延续精准发力 中指研究院分析师向记者介绍，该政策明确了交易金额核算标准，新房以住建部门网签备案的购房 合同成交价格为准，二手房以实际成交价格为准。若想享受优惠须满足两个条件：一是买卖住房须在同 一城市行政区划范围内；二是出售方须为新购住房产权人或产权人之一。这既精准覆盖了真实换房需 求，又有效防范了利用政策套利的行为，守住了"房住不炒"的底 ...

Core Viewpoint - The Ministry of Finance, the State Taxation Administration, and the Ministry of Housing and Urban-Rural Development announced an extension of the personal income tax refund policy for residents purchasing new homes, effective from January 1, 2026, to December 31, 2027, which is expected to stimulate housing demand and market activity [1][2]. Group 1: Policy Details - The policy allows taxpayers who sell their own homes and purchase new ones within one year to receive a refund on the personal income tax paid on the sale of their current home [1]. - If the purchase price of the new home is greater than or equal to the selling price of the current home, the entire personal income tax paid will be refunded; if less, the refund will be proportional to the new home's purchase price [1][2]. Group 2: Market Impact - The extension of the tax refund policy is expected to enhance the demand for improved housing, particularly in core urban areas, and is seen as a measure to stabilize market expectations [2]. - Experts believe that the policy will lower the cost of purchasing for families looking to upgrade their homes, thereby promoting the release of demand for improved housing [2]. - The policy is anticipated to positively influence ongoing initiatives in cities like Shenzhen, which are aimed at stimulating market activity and encouraging a healthy market cycle [2].

Core Viewpoint - The extension of the housing tax refund policy aims to alleviate market pressures and stimulate housing transactions by reducing transaction costs for taxpayers selling and purchasing homes [2][3]. Group 1: Policy Details - The tax refund policy will be effective from January 1, 2026, to December 31, 2027, allowing taxpayers to receive a refund on personal income tax paid when selling their homes if they purchase a new home within one year [2]. - If the purchase price of the new home is equal to or greater than the selling price of the current home, the entire amount of personal income tax paid will be refunded; if less, the refund will be proportional to the new home's purchase price [3]. Group 2: Market Implications - The policy reflects ongoing efforts to support the housing market, as indicated by its second extension since its initial introduction in September 2022 [3]. - The reduction in transaction costs is expected to enhance market activity and stabilize overall tax revenue, addressing the sluggishness in the housing market, particularly in the secondary housing sector [3][4]. - The current market shows a significant slowdown in the "sell one buy one" cycle, with decreasing total prices in secondary housing transactions, which the tax refund policy aims to alleviate [3]. Group 3: Related Tax Adjustments - Recent adjustments to the value-added tax on housing sales have also contributed to lowering transaction costs, with the tax rate for properties sold within two years reduced from 5% to 3% [4].

Core Viewpoint - The policy for tax refunds on housing exchanges has been extended again, reflecting ongoing efforts to alleviate market pressures and stimulate housing transactions [1][5]. Group 1: Policy Details - The new policy will be effective from January 1, 2026, to December 31, 2027, allowing taxpayers who sell their own homes and purchase new ones within one year to receive a tax refund on the personal income tax already paid [2]. - If the purchase price of the new home is greater than or equal to the selling price of the current home, the entire amount of personal income tax paid will be refunded. If the new home purchase price is less, the refund will be proportional to the new home's price relative to the selling price [5]. Group 2: Market Implications - The continuous extension of this tax refund policy indicates a strong commitment to support the housing market, as it aims to reduce transaction costs and enhance market activity, ultimately stabilizing overall tax revenue [5]. - The current housing market is experiencing significant stagnation, particularly in the secondary housing market, where transaction prices are declining, hindering the "sell one buy one" cycle. The tax exemption on housing exchanges is expected to lower transaction costs and release pent-up demand [5]. - The government is also implementing other measures to reduce transaction costs, such as interest subsidies on housing loans in certain cities, especially in light of weakening employment and income expectations [6].