China Extends Income Tax Rebates for People Changing Homes

Aug. 25, 2023, 6:41 AM UTC

China will extend the personal income tax rebates for people who buy new homes within one year after selling old homes till end-2025, according to a statement from the Ministry of Finance.

  • NOTE: China Eases Home Purchase Rules in New Push to Boost Economy (1)
  • NOTE: Sept. 2022, China Offers Rare Tax Rebate to Spur Home Purchase in Crisis (1)
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To contact Bloomberg News staff for this story:
Kevin Ding in Shanghai at qding15@bloomberg.net

To contact the editor responsible for this story:
Charlie Zhu at qzhu46@bloomberg.net

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