Our firm has extensive experiences in property/real estate taxes. Several tax planning strategies are used to minimize the tax burden imposed on the real estate transaction.

Property Purchase

Many people consider the property purchase as one form of investments and many property buyers call themselves a real estate investor.

In order to maximize the return on the property investment, property buyers should consider some sort of tax planning that will minimize the capital gain tax when such property buyers resell the property and minimize the rental tax if such property is to let out to a tenant.

We can help property buyers strategize the tax planning in the way to minimize the capital gain tax (when property buyers resell the property) and the rental tax (when property buyer let out the property) before property buyers purchase the property.

Our tax attorneys assist our clients selecting the tax planning method for purchasing the property that will significantly save the capital gain tax and the rental tax for property buyers.

Hence, prior to making any purchase, it might worthwhile for buyer to check if anything can be done to save the tax or not. We advise both local and overseas property buyers.

Property Sale

Whenever a property owner sells the property, the government will impose the capital gain on the proceeds of the property sale. The capital gain tax can be quite significant.

We advise the clients on what can be done to minimize the capital gain tax and the specific business tax when they sell their property. There are certain ways to save the tax burden on the sale of the property for property sellers.

Property Development

In addition to advising the property developer on regular tax questions concerning VAT, specific business tax, corporate income tax, house and land tax and local development tax, we advise the tax implications of the property development project that offers the long term leasehold instead of the freehold to foreign property buyers due to the restriction on foreign ownership of land.

Leasehold

For the shorter leasehold or rental, we assist landlords/lessors save the income tax and the property tax imposed on the rental with creative tax saving structure.

For the long term leasehold, as soon as, any landowner sells the long term leasehold to a lessee in return for the large amount upfront lease paid to such landowner by a lessee. A landowner as a lessor usually ends up with the huge tax burden.

Our law firm advises such lessor on the tax efficient method to minimize the taxes imposed on the sale of the long term leasehold.