China Can Expand Property Tax Trial, Ex-Government Researcher Says
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China can test the property tax in more regions including the technology hub of Shenzhen as well as Hainan and Zhejiang provinces, a renowned former state researcher said.
The country should expand the tax trial currently running in the cities of Shanghai and Chongqing and also proceed with legislation for a nationwide property tax, said Jia Kang, who was previously the director of the fiscal science research institute at the Ministry of Finance.