Issued: October 22 2008
Effective: November 1 2008
Main Contents: Deed tax shall be uniformly reduced to 1% on an interim basis for individuals who purchase ordinary residential premises of 90 square metres or less for the first time.
Ministry of Finance and State Administration of Taxation, Circular on Revising Tax Policies on the Real Property Trading Sector
财政部、国家税务总局关于调整房地产交易环节税收政策的通知
Curbs on property transactions lifted.
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