19 November 2018

MoF official calls for faster property tax overhaul, paper says

Senior Finance Ministry official Jia Kang {賈康} has urged the central government to speed up property tax reform and legislation, Economic Information Daily reported Tuesday. Jia suggested piloting changes in selected areas and basing amendments on conditions on the ground. An unnamed tax expert was quoted as saying that the State Council has started drafting changes to the law and expects to submit them to the national legislature for approval by the end of this year.

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