| Beijing is mulling the imposition of a windfall tax on property developers, Xinhua News Agency reported, quoting a top official at the National Development and Reform Commission.
"We're investigating costs, prices and profits in the mainland's property sector. Considering the conditions in this sector, we will list it as one [sector] in which companies are not allowed to make windfall profits," Xinhua quoted Xu Kunlin, who oversees price monitoring at the commission, as saying..............................................Full Article: Source
|