VAT Treatment of Consumer-to-Consumer Supplies of Residential Premises in China

Journal
Peacock, C.
China (People's Rep.)
International VAT Monitor 2025 (Volume 36), No. 1
FormatPDF
EUR
40
| USD
45
(VAT excl.)

In China, the sale of larger and more expensive homes in Beijing, Guangzhou, Shanghai and Shenzhen which had been owned by individuals for two years or more was previously subject to VAT. From 1 December 2024, this is no longer the case. In this article, the author explains that this measure is expected to reduce the cost of housing and stimulate the housing market.