Ministry of Finance and State Administration of Taxation, Circular on Revising the Business Tax Policy for Assignment of Residential Premises of Individuals

财政部、国家税务总局关于调整个人住房转让营业税政策的通知

Preferential tax policy for second-hand residential property sale removed.

1 minute read February 02, 2010 at 11:58 PM

clpstaff and clp articles

Issued: December 22 2009

Main contents: Beginning from January 1 2010, business tax shall be levied in full on the sale of a non-ordinary residential premises that has been purchased for less than five years by individuals.

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