Recent development of real estate tax on residential properties in China
Document Type
Journal article
Source Publication
International Tax Journal
Publication Date
1-1-2011
Volume
37
Issue
1
First Page
51
Last Page
59
Publisher
CCH
Abstract
There were concerns over government policies to control real estate prices. Investors worried about the impact of the introduction of a real estate tax restricting investment in the property sector and the corresponding effect on the banking industry. Critics also said that the introduction of real estate tax would increase the cost of holding properties. However, commentators argued that the proposed regulation on real estate tax is not an additional levy but a restructuring of current system of taxes and levies.
Print ISSN
00977314
Publisher Statement
Copyright @ 2011 M. Pheny and P.W.Y. Wong. Access to external full text or publisher's version may require subscription.
Language
English
Recommended Citation
Pheny, M., & Wong, P. W. Y. (2011). Recent development of real estate tax on residential properties in China. International Tax Journal, 37(1), 51-59.