Experts divided on efficacy of new housing and land policy draft
Experts divided on efficacy of new housing and land policy draft 03/11/2021 10:25 PM CNA photo March 11, 2021 Taipei, March 11 (CNA) Large housing developers and experts in the field of real estate expressed divergent opinions as to the impact of a draft amendment passed by the Executive Yuan and intended to rein in real estate speculation Thursday. Earlier in the day, the Cabinet approved a draft amendment to the Income Tax Act that will adjust the "integrated house and land sales tax" so real estate sellers face heavier taxes if they sell property within a fixed period of time. Under the bi...
Source: focustaiwan.tw