EVENT INFORMATION

23
October
2021

NPC authorizes property-tax pilot programs

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๐Ÿ“… 23 October 2021 ๐Ÿ“ China

The Standing Committee authorized property-tax pilots in selected regions for five years. The move opened a path toward taxing property ownership and improving local revenue, while the pilotโ€™s limited reach left Chinaโ€™s dependence on land sales and housing wealth inequality unresolved.

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People in this event

NPC delegates

homeowners

Organizations in this Event

National Peopleโ€™s Congress

Ministry of Finance

State Taxation Administration