1. For individual housing rental, according to the fiscal and taxation regulations, starting from March 1 2008, the business tax will be halved on the basis of the 3% tax rate, the property tax will be levied at the 4% tax rate, and the urban land use tax will be exempted.
2. Houses acquired by demolition are subject to normal tax, without 20% personal income tax. The above is the proportion of property tax collection for resettlement houses in Lishui City.