Recent development of real estate tax on residential properties in China

Monica PHENY, Wai Yee, Pauline WONG

Research output: Journal PublicationsJournal Article (refereed)

Abstract

There were concerns over government policies to control real estate prices. Investors worried about the impact of the introduction of a real estate tax restricting investment in the property sector and the corresponding effect on the banking industry. Critics also said that the introduction of real estate tax would increase the cost of holding properties. However, commentators argued that the proposed regulation on real estate tax is not an additional levy but a restructuring of current system of taxes and levies.
Original languageEnglish
Pages (from-to)51-59
Number of pages9
JournalInternational Tax Journal
Volume37
Issue number1
Publication statusPublished - 1 Jan 2011

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