Stamp tax

Why COVID strengthens the case for stamp duty elimination

Of course, economists have argued for decades for stamp duty to be abolished and replaced with a broad-based property tax. Why? Because property taxes are impossible to dodge – you can’t hide the land – while stamp duties are more easily avoided by simply not changing homes. Workers can benefit …

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Compliance rules, tax rates, exemptions

China’s new stamp duty law comes into effect on July 1, 2022 – there will be updates to the existing tax system, such as simplification of tax compliance, changes to some tax rates and new exemptions . On June 10, 2020, Stamp duty law was adopted by the Standing Committee …

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