Construction firm buy-outs linked to developer tax dodge

Real Estate

Saturday, August 30, 2008 05:54:51

	Construction firm buy-outs linked to developer tax dodge By AMY CHEUNG Published: July 03, 2007 10:14 AM A recent spate of construction firm buy-outs by developers has been linked to efforts to escape new land appreciation taxes. China Business News is unsure of how much developers are likely to save, but predicts tax authorities will rapidly close the loophole if gains are too significant. You are currently reading 51 words of 941 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: tax , Beijing , EA , real estate , UBS , management , China Mergers and Acquisitions	More Articles in Real Estate > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Lujiazui Finance net profit surges on leasing revenue Parliamentarian urges land auction reform to control housing prices Huaye Real Estate takes 60% of investment firm Gemdale revenue up despite sales drop CCB targets HK Ritz Carlton Mariott to expand Beijing hotel empire CB Richard Ellis acquires high-end Shanghai complex

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