Notice on the Adjustments to the Policies Regarding Business Tax on Transfer of Residential Properties by Individuals

Notice on the Adjustments to the Policies Regarding Business Tax on Transfer of Residential Properties by Individuals

Cai Shui [2009] No.157

December 22, 2009

To the departments (bureaus) of finance and local taxation bureaus in all provinces, autonomous regions, municipalities and separately planned, the offices of the State Administration of Taxation in Tibet, Ningxia and Qinghai Province as well as the bureau of finance under the Xinjiang Production and Construction Force:

To maintain the healthy development of the property market, the policies regarding business tax on transfer of residential properties by individuals are, with the State Council's approval, announced as follows:

I.
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