Researches & Commentaries
2021.6.11
Transfer of collection responsibility of land transfer income to tax department aims to normalize local fiscal income and expenditure
Hong Kong, 11 June 2021 — China Chengxin（Asia Pacific）Credit Ratings Co., Ltd. (“CCXAP”) believes that, as an important measure for institution reform and transfer of collection responsibility, the transfer of collection responsibility of land transfer income to tax department aims to normalize local fiscal income and expenditure.