How much is the stamp tax? Do individuals need to pay stamp tax when buying houses? Stamp tax is calculated and paid according to the nature of the contract, and individuals do not need to pay stamp tax when purchasing houses. According to Article 1 of the Notice on Adjusting the Tax Policies in the Real Estate Transaction, the deed tax rate for individuals who purchase ordinary houses of 90 square meters or less for the first time is temporarily reduced to 1%. The certificate of the first purchase is issued by the competent housing construction department of the county (district) where the house is located. Article 2 Stamp duty is temporarily exempted for individuals to sell or purchase houses. Article 3 The land value added tax shall be temporarily exempted for individual sales of housing.
