Property News · June 26, 2018

China has consolidated property ownership data, but to levy tax is a separate struggle


It took five years but China finally completed the consolidation of a national real estate information database last week, retiring the patchwork registration system that deprived authorities of a clear picture of property ownership across mainland cities.
The Ministry of Natural Resources, which led the project, also reiterated that the database was – contrary to market speculation – unrelated to implementing a proposed property tax that Chinese policymakers have deliberated on…

Source : South China Morning Post
Read more…China has consolidated property ownership data, but to levy tax is a separate struggle

You may also like...