Property News · September 11, 2018

Beijing appears to be getting closer to consensus on how and when to unveil a nationwide property tax


Discussions on whether Beijing should implement a nationwide property tax were back in focus on Monday, casting a shadow on the outlook for the property sector.
The first draft of the property tax law will “definitely” be ready for national legislative review within this year, according to a report by Beijing-based The Economic Observer, citing sources in the tax system. This coincided with a comment by a National Bureau of Statistics official in July that indicated the department…

Source : South China Morning Post
Read more…Beijing appears to be getting closer to consensus on how and when to unveil a nationwide property tax

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