The Zhitong Finance App learned that on December 30, the Ministry of Finance and the State Administration of Taxation issued a notice on value-added tax policies for individual housing sales. Individuals (excluding general taxpayers in individual businesses, same below) who buy homes for less than 2 years pay VAT in full at a rate of 3%; individuals who buy homes for 2 years or more (including 2 years) and sell them abroad are exempt from VAT. This notice will take effect on January 1, 2026. Value-added tax relating to individual sales of housing has not been declared and paid before January 1, 2026, and complies with the provisions of this Notice may be enforced in accordance with this Notice.

The Zhitong Finance App learned that on December 30, the Ministry of Finance and the State Administration of Taxation issued a notice on value-added tax policies for individual housing sales. Individuals (excluding general taxpayers in individual businesses, same below) who buy homes for less than 2 years pay VAT in full at a rate of 3%; individuals who buy homes for 2 years or more (including 2 years) and sell them abroad are exempt from VAT. This notice will take effect on January 1, 2026. Value-added tax relating to individual sales of housing has not been declared and paid before January 1, 2026, and complies with the provisions of this Notice may be enforced in accordance with this Notice.