Nanfeng luxury house tax avoidance tax 4 people subletting high-rise deep water Bay Trail 8 rent is 40% lower can save tax 70 million

The Government has introduced a vacant tax. The developer is a “promotion”. The developer has already leased four distinctive units to the senior management of the Group on the 8th floor of the Sham Shui Wan Path, Nam Fung. The lease is about $69 to $73. Up to 40%, it is expected to save about 7,000 yuan vacant tax.

The government announced the levy of vacant taxes at the end of last month, which has the greatest impact on the luxury properties of the existing buildings. Nanfeng Group and Fengfeng Resources’ new project, No. 8 Shousonshan Deepwater Bay Trail, provides a total of 54 gangs, all of which are large unit intervals, with 52 tiered houses and 2 bungalows. The most practical area is from 2,865 square feet. . The project has been uploaded to the building earlier. Recently, the existing flats have been opened to prospective purchasers. At the time of the launch of the sale, the developer will also lease out four large units to avoid levy tax. I believe it is also the first. The case was subletted to employees to avoid taxation.

4 big family members, monthly rent 420,000 to 920,000

According to the Land Registry, the four flats are No. 1 Bungalow, No. 2 Bungalow, 1 Top Floor Room A Duplex and 2 Top Floor Room D Duplex, with a saleable area ranging from 5,785 to 12,566 sq. ft. The directors of different companies have monthly rents ranging from $420,000 to $920,000 and practical rents ranging from $69 to $73. The Companies Registry shows that the directors of the companies include Chen Huihui, Zhang Tianyu, He Haiji, Li Jianhua and Bai Dunliu. Nanfeng Group or Fengfeng senior staff, including Chen Huihui is the daughter of Chen Fengqi, the late founder of Nanfeng Group, and the honorary chairman of the group.

However, the secondary rent level is significantly lower than the market price. For the most expensive “Big Mac” No. 1 house, the practical area is 12,566 square feet, with 8,243 square feet of garden, monthly rent of 920,000 yuan, and practical rent of 73 yuan. The tiered unit has a top-floor A-room duplex, with an area of ​​6,529 square feet and a 2,559 square foot roof. The monthly rent is 450,000 yuan and the rent is 69 yuan.

According to the agent, the Southern District of the Peak is not only a new building, but also a special unit. The general price is 90 to 130 yuan, and the rent is 2 to 40% lower than the market rent.

Market materials, luxury homes have been rented one after another.

According to the Government’s earlier announcement, if a first-hand house has been approved for 1 year, the holder must declare the annual use of the unit. If it has not been inhabited or leased for more than half a year, it will have to pay vacant tax. The tax rate is the rateable value. 2 times.

As the above four units are still not registered in the DPI, this newspaper estimates the taxable rent of 4 units at 90 yuan per square foot. The annual taxable value of each unit is 6.24 million to 1,357. Ten thousand yuan, the total tax of four units is about 70.39 million yuan. Developers can save on relevant taxes through subletting. Market participants believe that such sublease cases are believed to be coming, especially in large luxury homes, because the vacant cost of luxury homes is the heaviest.