Property analysis refers to the division of jointly owned property among co-owners according to certain standards through an agreement, so that each co-owner owns their portion separately. Property analysis usually occurs during the division of family assets in large families or during property settlement upon divorce. Recently, the State Administration clearly stated the tax issues regarding the transfer of property rights obtained through property analysis during divorce.
The notice states that dividing property rights through property analysis during divorce is a disposal of jointly owned property by both parties involved. No individual income tax will be levied when one goes through the procedures for transferring house ownership due to divorce.