Is there an inheritance tax in China? Is there an inheritance tax in China now

Some. Inheritance tax is a tax levied by a country or region on the inheritance left by a deceased, sometimes referred to as a "death tax" abroad. Inheritance tax will help strengthen the regulation of inheritance and gift property, prevent excessive disparity between the rich and the poor, and the introduction of inheritance tax has been included in the agenda of China's tax reform.

Inheritance tax is a tax levied on the heirs and legatees of the estate that is levied on the property left behind after the death of the deceased. The levy of inheritance tax is of certain significance for appropriately regulating the wealth distribution of members of society and increasing the financial resources of social welfare undertakings.

Inheritance tax is often established and levied in conjunction with gift tax. However, in order to attract investment and capital inflows, some countries and regions deliberately do not establish inheritance tax or abolish inheritance tax.

Basic Information. Full name in Chinese: inheritance tax.

English name of Token: Inheritance Tax

Synonyms: Inheritance Tax; Death tax.

Taxable object: the property left behind by the deceased after his death.

Taxpayers: heirs and legatees of estates.

Provisional Regulations of the People's Republic of China on Estate Tax.

Article 1: Any citizen of the People's Republic of China residing within the territory of the People's Republic of China who leaves property at the time of death (including the declaration of death) shall be subject to inheritance tax in accordance with the provisions of these Regulations on all his estates within and outside the territory of the People's Republic of China. Citizens of the People's Republic of China who do not reside within the territory of the People's Republic of China, as well as foreign citizens and stateless persons, who have property left within the territory of the People's Republic of China at the time of death (including declaration of death), shall be subject to inheritance tax in accordance with the provisions of these Regulations on their inheritance within the territory of the People's Republic of China.

Article 2: The estate subject to inheritance tax under these Regulations includes all the property left by the decedent at the time of death and the donated property that occurred within five years before the death.

Article 3: The taxpayers of inheritance tax shall be determined in the following order:

1) If there is an executor, it is the executor;

2) If there is no executor, it is the heir and the donee;

3) If there is no executor, heir or donee, it is the administrator of the estate selected in accordance with law. When the tax liability of inheritance tax is an incapacitated person or a person with limited capacity, the tax liability shall be fulfilled by the legal person or guardian.

Article 4: Inheritance tax shall be exempted from inheritance tax on inheritance inheritance that has not been inherited or bequeathed to the State in accordance with the law.

For example, my grandmother has a house in her name, and she wants to leave it to me, and there is also a will, how should I transfer it to my name now, and is there any inheritance tax? What is the tax rate?

In the 40s of the 20th century, China had an inheritance tax, and in the early days of the founding of New China, an inheritance tax was established, but due to conditions.

There is no levy without possession. Fourth of the Ninth National People's Congress in 1993, 1996, 1998 and 2001.

The "Outline of the 10 th Five-Year Plan for National Economic and Social Development of the People's Republic of China," which was approved by the meeting, all put forward China's standards.

Prepare for the introduction of inheritance tax. This work has been included in the NPC's legislative plan, and the relevant work is in progress. But not so long ago.

According to a source from the State Administration of Taxation, due to limited knowledge of residents' property status, inheritance tax will not be levied in the near future.

Inheritance tax is a tax levied by a country or region on the inheritance left by a deceased person, sometimes called abroad"Death tax. "。At the beginning of the levy of inheritance tax.

In order to prevent excessive disparity between the rich and the poor through the adjustment of inheritance and gifted property. Inheritance tax is based on the death of the deceased.

The property left behind is the object of taxation and is a tax levied on the heirs and legatees of the estate. Theoretically, if the inheritance tax is levied.

Proper collection has certain significance for regulating the wealth distribution of members of society and increasing the financial resources of social welfare undertakings. Lose.

Property tax is often linked to gift tax and is established and collected. However, in order to attract investment and capital inflows, there are also some countries and.

The district deliberately did not establish an inheritance tax or abolished it.

Legal Analysis: Not at the moment; In the 40s of the 20th century, China had an inheritance tax, and in the early days of the founding of New China, an inheritance tax was established, but it was not levied because the conditions were not met.

Legal basis: Law of the People's Republic of China on the Administration of Tax Collection

Article 2 This Law shall apply to the collection and administration of all kinds of taxes levied by the taxation authorities in accordance with the law.

Article 5 The competent taxation department shall be in charge of the administration of national tax collection. Local State Taxation Bureaus and local taxation bureaus shall separately carry out collection and management in accordance with the scope of tax collection and management stipulated in the first place. Local people at all levels shall, in accordance with the law, strengthen the leadership or coordination of the administration of tax collection within their respective administrative areas, support the tax authorities in performing their duties in accordance with the law, calculate the tax amount according to the statutory tax rate, and collect taxes in accordance with the law.

All relevant departments and units shall support and assist the tax authorities in performing their duties in accordance with the law. The taxation authorities shall perform their duties in accordance with the law, and no unit or individual shall obstruct them.

Legal Analysis: There is no inheritance tax in China now.

1. China's current tax laws and policies do not stipulate the collection of inheritance tax for inheritance, but the collection of inheritance tax is being discussed, and there may be corresponding regulations in the near future, but it is not levied at present.

2. According to the provisions of the Reply of the State Administration of Taxation on Deed Tax Issues Concerning the Inheritance of Land and Housing Ownership, the legal heirs who inherit the land and house ownership are not subject to deed tax, and if the non-statutory heirs inherit the land and house ownership according to the will, it is a gift and the deed tax shall be levied. After-sales public housing (with the exception of the purchase under the 94 scheme) is the legal private property of the property owner and falls within the scope of inheritance.

Legal basis: Civil Code of the People's Republic of China

Article 1122:Inheritance is the lawful property left behind by a natural person when he or she dies.

An inheritance that is not allowed to be inherited in accordance with the law or by its nature shall not be inherited.

Article 1123: After the commencement of inheritance, it shall be handled in accordance with the statutory succession; If there is a will, it shall be handled in accordance with the testamentary inheritance or bequest; Where there is a bequest and maintenance agreement, it shall be handled in accordance with the agreement.

Article 1124:Where the heirs renounce their inheritance after the inheritance has begun, they shall make an expression of renunciation of the inheritance in writing before the estate is disposed of; If there is no indication, it shall be deemed to have accepted the inheritance.