TeleTrade - Analytics

    TeleTrade

    729.00 6.50/10
    57% of positive reviews
    Real

    22.02.2016 09:21 China’s finance ministry plans to cut transaction taxes for home buyers

    China's finance ministry said on Friday that it plans to cut transaction taxes for second-time home buyers and some first home buyers to stimulate the property market. The transaction tax on second homes smaller than 90 square meters will be lowered to 1% from 3%, while tax for homes of more than 90 square meters will be cut to 2. The tax on first homes larger than 144 square meters will be cut to 1.5% from 3%.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree