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Iner Mongolia Property Tax Latest Released Rules


Property tax is coming. Inner Mongolia releases detailed rules for implementing property tax

The People's Government of Inner Mongolia Autonomous Region on the amendment: Decisions of the Measures of the Inner Mongolia Autonomous Region on the Implementation of the Law of the People's Republic of China on Vehicle and Vessel Taxes and the Implementation Rules of the Real Estate Tax of the Inner Mongolia Autonomous Region

Detailed Rules for the Implementation of Real Estate Tax in Inner Mongolia Autonomous Region (Promulgated by Order No. 229 of the People's Government of Inner Mongolia Autonomous Region on January 16, 2016)

A new paragraph is added under Article 3, paragraph 2: "From January 1, 2019 to December 31, 2021, the one-time reduction ratio of the original value of real estate specified in the preceding paragraph was temporarily adjusted from 10% to 30%."

Amend Article 6 to "Property tax is collected by the tax authority where the property is located."

Inner Mongolia Real Estate Tax

This decision shall be implemented as of the date of promulgation

 The Inner Mongolia Autonomous Region Measures for the Implementation of the Law of the People's Republic of China on Vehicle and Vessel Taxes and the Detailed Rules for the Implementation of the Real Estate Tax in the Inner Mongolia Autonomous Region are amended accordingly and re-published.

(Promulgated by Order No. 74 of the People's Government of Inner Mongolia Autonomous Region on August 5, 1996. The first amendment was made in accordance with the "Decision of the People's Government of Inner Mongolia Autonomous Region on Amending Some Regulations" of November 26, 2010. The government's decision to modify the `` Implementation Rules for the Real Estate Tax in Inner Mongolia Autonomous Region '' and the `` Implementation Measures for the Land Use Tax in Inner Mongolia Autonomous Region '' was revised for the second time according to the March 21, 2019 (Resolution of the Measures of the Republic of the Vehicle and Vessel Tax Law) and the Implementation Rules of the Inner Mongolia Autonomous Region on the Real Estate Tax Implementation Rules (the third amendment)

Article 1 These Provisions are formulated in accordance with the "Interim Regulations of the People's Republic of China on Real Estate Tax" (hereinafter referred to as the "Regulations") and the actual conditions of the autonomous region.

Article 2 The scope of real estate tax collection is as follows:

(1) a city approved by the State Council;

(2) The town where the Qixian County People's Government is located;

(3) Formed towns approved by the people's government of the autonomous region;

(4) Industrial and mining areas approved by the autonomous region people's government.

Article 3. Real estate tax is levied by ad valorem and rent.

For the value-added tax, a real estate tax is levied at 1.2% of the original value of the real estate once minus 10% of the remaining value.

From January 1, 2019 to December 31, 2021, the one-time reduction ratio of the original value of real estate stipulated in the preceding paragraph will be temporarily adjusted from 10% to 30%.

Levy-based, a property tax is levied at 12% of the property's rental income each year.

If the real estate is used in the form of depreciation, real estate tax shall be levied according to the ad valorem method.

Article 4 In addition to the tax-exempt real estate stipulated in Article 5 of the Regulations, if the taxpayer does have difficulty in paying taxes, the people's government of the autonomous region may determine and periodically reduce or exempt real estate tax.

Article 5 Real estate tax is levied on an annual basis and paid every six months. The specific payment time is May and November each year. The cancelled taxpayer shall pay the real estate tax in the month of cancellation.

Article 6 The real estate tax is levied by the tax authority where the real estate is located.

Article 7 The collection and management of real estate tax shall be implemented in accordance with the "Law of the People's Republic of China on Tax Collection and Management", the "Implementation Rules of the People's Republic of China on Tax Collection and Management Law" and these Implementation Rules.
Taxation Rules and Articles of Act


Article 8 These Implementing Regulations shall become effective on January 1, 1996. The Implementing Rules of the People's Government of Inner Mongolia Autonomous Region on the "Interim Regulations of the People's Republic of China on Real Estate Tax" issued by the Autonomous Region People's Government on March 16, 1987 (Internal Affairs [1987] No. 33) was repealed simultaneously.



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