On March 1, the Municipal Finance Bureau announced that on February 25, the Chongqing Municipal People’s government issued the decision on Abolishing and amending some government regulations, The Interim Measures on carrying out the pilot reform of levying property tax on some individual houses and the detailed rules for the administration of levying property tax on individual houses in Chongqing (hereinafter referred to as the “measures” and “detailed rules”) promulgated by government order No. 247 of 2011 were abolished.
It is reported that in 2017, in order to further strengthen the regulation of the real estate market, Chongqing government order No. 311 revised the measures and detailed rules. The abolition of these two documents is implemented in accordance with the provisions of the measures for the administration of administrative normative documents of Chongqing Municipality that “if it has been replaced by new laws, regulations, rules and normative documents and does not need to continue to be implemented, it shall be abolished”.
At present, the pilot work of Chongqing personal housing property tax reform is running smoothly.
