Scholars say higher tax rate for non-primary residences may be too low to be effective
Автор: Formosa News (民視英語新聞)
Загружено: 2014-04-25
Просмотров: 52
Описание: Raising the tax for apartments that are not occupied by the owner from 1.2 to 3.6 percent may not be a big enough increase for some experts. They say that for some luxury apartments this increase wouldn't be more than a month of maintenance fees. Hua Ching-chungTakming University of Science and TechnologyThe stated results would be much larger than the actual effect, as this tax adjustment will be relatively weak. To be more effective we will have to undergo comprehensive tax reform which is more reasonable.Responding to the criticism of these scholars, Finance Minister Chang Sheng-ford says that raising the tax is just one possible remedy as they may also research other tax measures to control property prices
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