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Article: CHINA EXPANDS SIMULATED PILOT OPERATION OF PROPERTY TAX LEVY.
- Article from:
- AsiaPulse News
- Article date:
- October 15, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, Oct 15 Asia Pulse - China's property tax levy is proceeding in an orderly way with the number of simulated pilot operation regions increasing.
The State Administration of Taxation (SAT) and the Ministry of Finance have recently approved a new batch of four regions; namely Anhui, Henan, Fujian and Tianjin, to become pilot areas for simulated operation, adding the total to ten municipalities, provinces and autonomous regions.
The ten are Beijing, Liaoning, Jiangsu, Shenzhen, Ningxia, Chongqing, Anhui, Henan, Fujian and Tianjin.
According to an official with SAT, the country is now carrying out studies on real estate reform and ...