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Chongqing to Introduce Property Tax on Trial Basis
Aug 17, 2010 10:55CST
Source:SMM

CHONGQING, Aug. 17 -- Chongqing's plans to introduce a citywide property tax on a trial basis has been approved by China's central government, the China Times newspaper reported, citing an unidentified official with the Chongqing municipal government's fiscal system.

The property tax will be started in the short term, the newspaper reported Aug 13 on its website, without giving a date.
 

Macro control policy
property tax
real estate industry

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