Jump to content

Recommended Posts

Posted

When completing the sale of a land plot, the seller is liable to tax based on the recorded price paid or assessed by the Land Office.

 

What is the amount currently? I have it as 2% but would like confirmation.

 

Any other taxes payable at the same time?

Posted

There are a few variables, 2% is the normal transfer fee, another 3% if the property is owned for less than 5 years, or owned by a company. .5% stamp duty.

lots of legal websites have a breakdown of fees and taxes.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...