Shanghai introduced a capital gains tax of 5.55 per cent on homes being sold within a year of their purchase. This measure was taken to discourage speculative investment.
Shanghai introduced a capital gains tax of 5.55 per cent on homes being sold within a year of their purchase. This measure was taken to discourage speculative investment.
为了抑制楼市投机炒作,上海市政府规定个人购买本市行政区域范围内的普通住房,居住不满一年出售的,销售时要增收5.55%的税率.