Ministry of Finance Announces Tax Exemptions for Public Rental Housing
Published:
2010-09-29
In an effort to encourage the construction and operatrion of public rental housing, the Ministry of Finance and the State Administration of Taxation yesterday announced that as of September 27, they will offer several tax exemptions to developers for a three-year period. According to the official announcement, construction companies will be exempt from urban land use tax, deed tax, land appreciation tax, business tax, property tax, stamp duty and several other taxes when working on the construction of public rental housing properties.
Source
The Beijing Times
Google Translation
The views posted here belong to the commentor, and are not representative of the Economic Observer |
Related Stories
- Latest Labor Market Report: Wages of Migrant Workers will Continue to Rise
- Nationwide Anti-Pornography Campaign Launched
- Ministry of Housing: Work on All Public Housing Projects Must Begin by End of Month
- 機(jī)構(gòu)F&C表態(tài)支持 國美董事局再獲一票
- I view iron ore as an intermediate ingredient that only has value because it is processed into steel by the steel industry
Popular
- ADVERTISING
- Interview with Sir Martin Sorrell - Chief Executiv...
- The EO sits down with the chief executive of the world's largest advertising group
Interactive
Highlights from the Central Bank's Quarterly Survey of Urban Depositors
Multimedia
A look at Nanjing local government's controversial urban reconstruction project
E-paper
|
- EEO.COM.CN The Economic Observer Online
- Bldg 7A, Xinghua Dongli, Dongcheng District
- Beijing 100013
- Phone: +86 (10) 6420 9024
- Copyright The Economic Observer Online 2001-2011