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Chinese divorce to avoid property tax

By , on March 6th, 2013

<!– google_ad_section_start –> Chinese couples are flocking to divorce to evade a new tax on home sales after the government cracked down on property speculation, the Shanghai Daily newspaper reported on Wednesday. China’s central government last Friday issued rules to rein in house prices, including a nationwide capital gains tax of 20 per cent on profits owners make from selling residential property. <!– google_ad_section_end –>

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Chinese divorce to avoid property tax

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