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  • July 29, 2014
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  1. Business - Money - STOCKS

    Plan to extend property tax trial upsets investors

    Posted May 25th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Plan to extend property tax trial upsets investors Shares of mainland property stocks fell across the board yesterday after the top economic planning agency indicated "concrete action" would be taken this year to extend a trial property tax to more cities. The statement by the National Development and Reform Commission came after it released ...

  2. Business - China Business - ENVIRONMENT

    Debate resurfaces over China carbon tax plan

    Posted Mar 08th 2013, 12:00am by Eric Ng

    ... resurfaces over mainland carbon tax plan Calls for a tax on carbon emissions have resurfaced on the mainland in recent weeks, with a top policy official at the Ministry of Finance publicly highlighting the need to overhaul tax policies to improve environmental protection and energy conservation. But analysts said that even if Beijing mustered the resolve to launch such a controversial ...

  3. News - China - PROPERTY

    Couples with second homes file for divorce to beat capital gains tax

    Posted Mar 23rd 2013, 12:00am by Daniel Ren

    ... of the town as hundreds of couples filed for "divorce" to beat a new capital gains tax on second homes. "Nobody wants to do so because it's painful for a couple to split up ... announced recently it would charge property sellers a 20 per cent capital gains tax to curb the red-hot housing market. Those owning just one flat are exempt from the tax if they sell their home. ...

  4. Business - Banking & Finance - Tax

    Beijing set to impose tax on capital gains

    Posted Aug 27th 2012, 12:00am

    ... capital gains tax on Beijing's agenda Wealthy mainlanders keen to take part in private equity and venture capital deals are being forced to revise their investment strategies amid expectations that Beijing will impose a new capital gains tax that could eat into their profits from such deals. The on-again, off-again proposal by the State Administration of Taxation to tax ...

  5. Business - Property - TAX REFORM

    Wen Jiabao says property tax reform needs serious study

    Posted Jan 16th 2013, 12:00am by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com Wen comment suggests delay to property tax Premier Wen Jiabao said yesterday that property tax reform should be studied "in the medium to long run", suggesting a plan to expand a tax trial might be delayed. It's the first time Wen has given a slightly clearer timetable for expanding a property tax trial imposed in Shanghai ...

  6. Business - Economy - MR. SHANGKONG

    Forget 'Likonomics', it's all about economic stimulus in China again

    Posted Apr 07th 2014, 04:38am by George Chen

    ... is still called "stimulus". Last week, the State Council decided at a meeting chaired by Li to halve the income tax for more small enterprises, from the 1.2 million firms currently ...

  7. Business - China Business

    Tax rebate rise tipped to boost exports

    Posted Sep 05th 2012, 12:00am by Bloomberg

    ... Bloomberg in Beijing Tax rebate rise tipped to lift exports The mainland may expand exporters' tax rebates to help them cope with a slump, deploying a stimulus tool used during the global credit crunch, according to three people with direct knowledge of the plan. The government may give exporters a full rebate of the 17 per cent value-added tax on products including ...

  8. Cut in China's import tax could boost retail

    Posted Sep 03rd 2011, 12:00am

    ... which were first imposed two decades ago. Now under pressure at home- and from exporters and governments abroad- Beijing looks set to cut these taxes. In June, Ministry of Commerce spokesman Yao ... Kong? 'Cutting the import tax on luxury goods may boost the overall retail market on the mainland,' says Angus Wai, general manager for human resources at Fairton International Group. ...

  9. Chicken import taxes legal, Beijing tells US as feathers fly in WTO

    Posted Sep 22nd 2011, 12:00am

    ... Denise Tsang denise.tsang@scmp.com China said yesterday that the levies it imposed on broiler chicken imported from the United States 'comply with' World Trade Organisation rules, rebutting a complaint the US lodged with the trade arbiter. The m ...

  10. Caribbean tax haven adds heat to China's hot money

    Posted May 19th 2011, 12:00am

    ... Naomi Rovnick in Road Town, Tortola naomi.rovnick@scmp.com Wealthy mainlanders are increasingly sending their offshore income home via the British Virgin Islands to avoid paying tax ... is untaxed. 'The reason for this strong link between China and the BVI is a very simple form of tax avoidance,' said Steve Dickinson, Qingdao-based head of American law firm Harris & ...




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