State Administration of Taxation, Levy and Collection of Deed Tax on the Granting Of State-owned Leaseholds Exempted from Land Grant Fees Official Reply

Issued: May 11 2005

Main contents: The Official Reply clarifies that deed tax shall be calculated and levied on land grant fees that should have been paid for state-owned leaseholds granted. Deed duty may not be reduced or exempted as a result of reduction or exemption of land grant fees.
Related legislation: PRC Deed Duty Tentative Regulations, Jul 7 1997, CLP 1997 No.9 p11 and PRC Deed Duty Tentative Regulations Rules, Oct 1 1997 CLP 1998 No.2 p11