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redman_2014

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redman_2014

Re: None

Wednesday, 04/14/2010 11:17:34 PM

Wednesday, April 14, 2010 11:17:34 PM

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Property Sales Tax - just found this.

'There is a tax of 3% on the sale of a property in China within 5 years time of its purchase (recently raised from 2 years, which itself was a new policy)'


This policy should partly help deter flippers. 3% isn't a lot but it's still a tax hit.


-Adam

"Impatience is the companion of the doubting mind" Unknown

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