Quotable
China Daily | Updated: 2013-03-15 07:15
"We must firmly carry out the 20 percent tax (levied on capital gains by home sellers). ... We will improve it if we spot problems during the implementation."
Jiang Weixin, the Minister of Housing and Urban-Rural Development, was quoted as saying on Thursday by Shanghai Securities News. He said that the ministry has noticed the controversies around the new tax.
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