Beijing trims property resale tax in fresh push to stabilise housing market
--------------------------------------------------------------------
Source: South China Morning Post
Published: 2025-12-31 03:25 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Property, Economy & Finance, China, Financial Markets, Labour & Workers, Tax & Budget, Property & Housing, Business & Economy, Asia Pacific
--------------------------------------------------------------------
Snippet:
Under new rules, sellers will pay just 3 per cent VAT if they offload a property within two years of purchase, down from 5 per cent
--------------------------------------------------------------------