Liberty Times. Text/Reporter Zhu Yuqiao. 2022/08/26 11:21
The owner of the registration of the purchase and sale of immovable property is related to the ownership of the property right in the future and the exercise of the right to dispose of it, so the fewer the sharers, the better, and the most common situation of registration as a common one, with the husband and wife sharing the most, firstly, the distribution of property is fairer, and secondly, the opinions are relatively simple when selling in the future.
However, the sharing relationship is complicated, and it often happens that when the two people want to dispose of the real estate in the future, they have different opinions and cannot dispose of it, but if you make good use of the joint registration, you can also save yourself taxes.
A few days ago, a grandfather invested 9 million yuan to buy an apartment, because his grandson is 26 years old, in order to let his grandson get married earlier, he can hold his great-grandson in the future, so his grandfather funded the purchase and wanted to register it in his grandson’s name.
This year’s gift tax exemption is 2.44 million yuan, plus grandma’s tax exemption of 2.44 million yuan, at most only 4.88 million yuan, Ah Gong contributed 9 million yuan, deducted 4.88 million yuan, and there are still 4.12 million yuan, which must be levied gift tax, calculated at 10% of the gift tax at this stage, and 412,000 yuan of gift tax must be paid before the grandson can register the house.
Zheng Wenzai, director of the Zhengye Land Scholars Joint Office, said that in order to save taxes for Ah Gong, he suggested that Ah Gong and Grandma should use the gift tax exemption, and each donated 2.44 million yuan to their grandsons, totaling 4.88 million yuan, but only 1/2 of the real estate was registered when registered; The other 1/2 is registered in the name of Ah Gong, and the total price is 9 million yuan, and the capital contribution of Ah Gong and grandson is 4.5 million yuan each, so as to save the high gift tax of 412,000 yuan and achieve the purpose of Ah Gong.
The house is agreed to be handed over at the end of October, and after the delivery of the house, it will take another 2 months to the new year, at that time, as long as the grandfather and grandmother each give 2.44 million yuan to the grandson, the grandson can buy the other 2/1 in January next year, which is also exempt from gift tax.
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