(AFX UK Focus) 2010-06-01 02:49 China to test property tax in two provinces-paper

Posted by property | Posted in Real Estate | Posted on 01-06-2010-05-2008

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(AFX UK Focus) 2010-06-01 02:49 China to test property tax in two provinces-paper
BEIJING, June 1 (Reuters) – China is preparing to levy a general tax on commercial property on a trial basis in two central provinces, the official China Securities Journal reported on Tuesday. The paper cited an unidentified source as saying that Chen Jie, a senior official with the General Administration of Taxation, had said the provinces of Hubei and Hunan would be the first to start the …
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