20 February 2019

Property tax legislation may take 2 more years, paper says

A property tax law may take at least two more years after a draft of the proposed legislation was submitted to the national legislature for approval, expected by the end of the year, China Securities Journal reported Wednesday, citing a source with knowledge of the matter. More cities are expected to introduce a property tax trial scheme this year after Shanghai and Chongqing, the report said.

– Contact HKEJ at [email protected]



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