News: 2011-05-24 04:34:00 UTC+00

China Faces Difficulty Extending Pilot Property Tax -Senior Official

News:

  • Qin Hong, a deputy director at the housing ministry said that China will have a difficult time expanding a pilot property tax across the nation
  • China started a property tax on a pilot basis as part of efforts to rein in speculation and housing inflation
  • Many properties are exempted from the tax and in the face of significant public resistance, raising questions about the effectiveness of the new tax
Quotes:
  • "The property tax involves different parts of the society and has a complex impact on public interests, and that, along with the lack of a tax collection regime and the high cost of doing it, make it very hard to expand the tax nationwide," Qin Hong

Published: 2011-05-24 04:34:00 UTC+00 4 years, 3 days, 53 min. ago
 
Recommend: Forex News
 
Euro Extends Slide
2015-05-26 04:20:00 UTC+00 1 hour, 7 min. ago  
Views today: 660 
Philippines Posts Unexpected Surplus In March
2015-05-26 04:12:00 UTC+00 1 hour, 15 min. ago  
Views today: 642 
Daily Economic Outlook: may 26th, 2015
2015-05-26 04:31:00 UTC+00 56 min. ago  
Views today: 704 
Us's Durable Goods Orders – Bottoming
2015-05-26 04:21:00 UTC+00 1 hour, 6 min. ago  
Views today: 592 
Sri Lanka Rupee Currency Opens steady at 133.70 Per Dlr, Stock...
2015-05-26 04:09:00 UTC+00 1 hour, 18 min. ago  
Views today: 620 

« Back to list

EUR/USD
GBP/USD
USD/JPY
GBP/JPY
EUR/CHF
AUD/USD
May 26 at 5:27 UTC