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Beijing May Introduce Property Tax Reform in Second Half of 2011

管理员

After pilot property tax programs were launched in Shanghai and Chongqing in earlier this year, rumors now suggest that Beijing could be the next city to introduce a property tax as soon as the second half of this year. Insiders say that the city's government is considering introducing a property tax in order limit demand for high-end housing and contribute to the stable development of the city's real estate market.

 

Source
China Securities Journal

Google translation

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