In the second-hand housing transaction, all procedures have been completed, and the buyer has moved into the new house. However, when handling the property transfer, the buyer or the seller is required to pay the tax, and one of the parties refuses to pay the tax, which results in overdue. So how about second-hand house transfer without paying tax? What are the consequences of not paying tax overdue? Let's have a look.
1. The maximum fine is 5 times
If a taxpayer fails to pay tax within the prescribed time limit, the tax authorities shall, in addition to ordering the taxpayer to pay within the prescribed time limit, impose an additional fine of 0.05% of the overdue tax per day from the date of overdue payment.
If a taxpayer fails to file a tax return or fails to pay or underpay the tax payable, the tax authorities shall pursue the payment of the tax not paid or underpaid and the overdue fine, and shall also impose a fine of not less than 50% but not more than five times the amount of tax not paid or underpaid.
2. The deposit bank can be informed to deduct it directly from the deposit
If a taxpayer fails to pay or underpays the tax due within the prescribed time limit, the tax authorities shall order it to pay within a specified time limit. If the taxpayer fails to pay the tax within the prescribed time limit, the tax authority may notify the taxpayer's bank or other financial institutions in writing to deduct the tax, overdue fine and fine from its deposits.
3. Tax arrears can be restricted from leaving the country and included in the personal credit system
If a taxpayer who fails to pay personal housing property tax needs to leave the country, it shall settle the tax payable, overdue fine or provide guarantee to the tax authorities before leaving the country. If the tax payment and overdue fine are not settled, and no guarantee is provided, the tax authorities may notify the exit administration authorities to stop them from leaving the country.
The tax authorities may, in accordance with the law, make regular announcements to the taxpayers who owe taxes in tax places or through the Internet, newspapers, TV, radio and other news media. If the taxpayer still fails to pay after the announcement, the situation of the taxpayer's overdue payment of personal housing and real estate tax shall be included in the management of the personal credit investigation system.
4. Property right transfer can't be achieved if the house with tax arrears wants to be traded
The tax authorities will pass the information of tax arrears to the land and housing management department, and the land and housing management department will restrict the transaction of the houses in arrears. The transaction restriction will be lifted after the taxpayer has paid the overdue tax.
All relevant administrative departments should actively cooperate with the tax authorities to establish a mechanism for the collection and control of personal housing property tax. If the taxpayer cannot provide the tax payment certificate for the transfer of taxable housing, the transfer of property rights and other related procedures shall not be handled.
Second hand housing transfer overdue tax need to bear legal liability, it is best to consult with relevant professional lawyers, China law network can provide you with such services.