Minitrue: Keep Real Estate Tax Bill Under Wraps [Correction]

The following instructions, issued to the media by government authorities, have been leaked and distributed online. The name of the issuing body has been omitted to protect the source.

Find and delete the article “Outline of Draft Legislation on Tax.” Do not hype related topics. (July 21, 2015) [Chinese]

The July 14 Economic Information Daily article apparently reveals insider information about real estate legislation that would combine several different types of tax and allow local jurisdictions to determine tax rates. The full article is available via CDT Chinese.

Updated at 13:35 PDT on July 30, 2015: A reader has pointed out that the article is still available on the Economic Information Daily website under the headline “Basic Framework Determined for Real Estate Tax Reform.”

真Since directives are sometimes communicated orally to journalists and editors, who then leak them online, the wording published here may not be exact. The date given may indicate when the directive was leaked, rather than when it was issued. CDT does its utmost to verify dates and wording, but also takes precautions to protect the source.