Shanghai maintains its property tax on homes over 60 sqm per person, first implemented in 2011.

Shanghai's government has decided to keep its property tax policies, which were first introduced in 2011. These policies are unique to Shanghai and Chongqing in mainland China. The tax applies to families with over 60 square meters of living space per person, with rates of 0.4% to 0.6% of the total property price annually, based on the apartment's price per square meter.

3 months ago
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