China to Pilot Property Tax Reforms in Certain Regions
03 November 2021
Business Advisory Unit, HKTDC Research
On 23 October, the Standing Committee of the National People’s Congress authorised the State Council to pilot property tax reforms on all types of residential and non-residential property in certain regions. Lawfully-owned homesteads, and houses built on them, are excluded. The pilot scheme – the start date of which has yet to be announced – will last for five years.
- Real Estate Services
- Mainland China