Real Estate Tax (RET) of People’s Republic of China – An Analysis of the Effectiveness of the Implementation of the RET in the Shanghai Trial
Journal of Chinese Tax and Policy, Vol. 1, No. 1, pp. 34-41, August 2011
18 Pages Posted: 23 Nov 2011
Date Written: November 23, 2011
This paper examines the trial implementation of the Real Estate Tax in Shanghai through analyzing its effects on housing price, its effects on the rigid demand of housing and on housing as an investment option. It also identifies a few reform options if the government chooses to implement the Real Estate Tax as a policy to control housing prices.
Keywords: real estate tax, China tax, Chinese tax
JEL Classification: H00, H2, H3, H4, H7, M4
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