Under a revamped method of collecting land-sale revenue in China, central authorities will be better able to trace the flow of funds and defuse debt risks. Photo: Bloomberg Under a revamped method of collecting land-sale revenue in China, central authorities will be better able to trace the flow of funds and defuse debt risks. Photo: Bloomberg
Under a revamped method of collecting land-sale revenue in China, central authorities will be better able to trace the flow of funds and defuse debt risks. Photo: Bloomberg
China property

China property: tax authorities’ enhanced oversight of land-sale revenue seen as ‘mixed bag’, and runaway prices may drop

  • New means of collecting revenue from land sales in China aims to help central authorities better trace the flow of funds and defuse debt risks at local levels
  • Move means developers will have ‘less financial flexibility’ in buying land

Topic |   China property
Under a revamped method of collecting land-sale revenue in China, central authorities will be better able to trace the flow of funds and defuse debt risks. Photo: Bloomberg Under a revamped method of collecting land-sale revenue in China, central authorities will be better able to trace the flow of funds and defuse debt risks. Photo: Bloomberg
Under a revamped method of collecting land-sale revenue in China, central authorities will be better able to trace the flow of funds and defuse debt risks. Photo: Bloomberg
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