Property tax may be collected by area first house not taxed

Wang Zhaozai, deputy director of the Finance and Research Institute of the Treasury, recently disclosed that the tax department has basically determined the idea of taxing in accordance with the area, that is to say, give a minimum base point, within the basis of exemption, at the beginning of the levy. But how much is the base point? He said: "The argument is very big, deadlocked." "To verify this statement is the Agricultural Bank of China senior economist He Zhicheng, he said, the current general administration of taxation research preliminary opinion is that the first house does not levy property tax." He Zhicheng further disclosed that the property tax will take a gradual approach to start, initially in the commercial housing range began to levy, and then began to levy in the scope of new homes. Wuhan Evening News