Caixin OnlineBusiness & IndustryTop Stories Industry Revenue from Five Major Real Estate Taxes Has Soared
03.20.2013 18:54

Revenue from Five Major Real Estate Taxes Has Soared

National figure rose eleven-fold in the 10 years to the end of last year, official data shows
By staff reporters Wang Changyong and Xing Yun
a

(Beijing) – The combined revenue of five major taxes that are levied only on the real estate industry rose more than eleven-fold from 2003 to 2012, official statistics show.

Data from the Ministry of Finance and State Administration of Taxation show the figure rose from more than 90 billion yuan in 2003 to 1.01 trillion yuan last year.

These taxes are on property, urban-town land use, land value-added, arable land occupation and property ownership transfers.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter
Latest Issue
On the Cover:

How The Hammer Falls

Twenty months into a campaign against corrupt leaders, the crackdown is accelerating and the public is in the loop


Issue 80
August, 2014

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
How The Hammer Falls
Twenty months into a campaign against corrupt leaders, the crackdown is accelerating and the public is in the loop
Issue 80
08.01.2014

Subscribe       |       Newsletter        |        FAQ