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How much tax will be paid for inheriting the property

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How much tax will be paid for inheriting the property


        

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  • 2024-06-24 20:00:49

    1. Notary fees for inheritance rights;
    The notarial fee for the inheritance right shall be charged at 2% of the appraisal price of the real estate inherited by the heir, and the minimum fee shall not be less than 200 yuan.
    2. Real estate value appraisal expenses;
    According to H.J.F. (1996) No. 088 document, the appraisal fee is calculated by the progressive method of the difference law according to the different levels of the real estate value:
    Total real estate price (10000 yuan) progressive charging rate ‰
    Below 100 (including 100) 5
    Part 101 to 1000
    two point five
    From 1001 to 2020
    one point five
    Part 0.8 from 2020 to 5000
    Above 5001 to 8000 Part 0.4
    Part above 8001 to 10000 0.2
    0.1 for parts above 10000
    3. Taxes on inheritance and transfer of real estate.
    It consists of 0.05% contract stamp tax, 100 yuan registration fee and 5 yuan warrant stamp tax of the house appraisal price.
    4. Deed tax
    The legal heir inherits the real estate and is exempt from the deed tax. For the illegal heir who inherits the ownership of land and houses according to the will, the deed tax shall be paid
    1.5%。
    For example, if a house of 1 million yuan is inherited and transferred, it needs to bear 5000 yuan of housing assessment fee+20000 yuan of notarization fee+500 yuan of contract stamp tax+100 yuan of registration fee+5 yuan of certificate stamp tax=20205 yuan, which is a considerable cost, so some people directly register the house in the name of their children when purchasing real estate.

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