AJ`s Investment Blog for Real Estate

All the buyers could be able to get their tax returned for their first home after they had been able to work at Shanghai for at least three years. Their tax rate would be .6 percent for those housing that had been priced for more than twice its average price and also .4 percent on those that had been priced less. Its tax bases would be 780 percent of its price for the transaction and it would be having an initial period that would later become the prices for the property new launches evaluation. The levy had been designed in order to help in regulating on the income and to be able to promote the social equality and the reasonable guide for the housing consumption, saving of the land and its intensive use.