On real estate taxes

Source:Global Times Published: 2013-3-14 22:53:01

"China must resolutely carry out the recently unveiled 20 percent capital gains tax on home sales. The ministry has noticed the public controversy over the new tax. We will improve the policy if problems occur when the policy is implemented."

Jiang Weixin, member of the National Committee of the Chinese People's Political Consultative Conference and minister of Housing and Urban-Rural Development, speaking at a press conference Thursday on the sidelines of the two sessions.

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