Circular of the Ministry of Finance and the State Administration of Taxation on Issues concerning the Adjustment of Tax Policies on Real Estate Market

Circular of the Ministry of Finance and the State Administration of Taxation on Issues concerning the Adjustment of Tax Policies on Real Estate Market

Cai Shui Zi [1999] No. 210

July 29, 1999

The financial departments (bureaus), the offices of the State Administration of Taxation and local taxation bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and cities specifically designated in the state plan, and Xinjiang Production and Construction Corp.,

In order to coordinate with the reform of housing system, effectively start up the real estate market and actively foster new points of economic growth, upon the approval of the State Council, the relevant issues concerning taxation policies on real estate market are hereby notified as follows:

I.
　　......