上海将地产税减为1%, Shanghai cuts property taxes to 1% and exempts some sales from VAT to boost its real estate market.

从12月1日起, 上海将降低地产交易税, 目的是提升地产市场, Shanghai will reduce property transaction taxes starting December 1, aiming to boost its property market. 该市将对所有住房销售实行统一的1%税率,对拥有两年或两年以上的非普通财产个人免征5%的增值税。 The city will apply a unified 1% tax rate on all housing sales and exempt individuals from a 5% VAT on non-ordinary properties owned for two years or more. 这一行动是中国为稳定和支持房地产部门所做更广泛努力的一部分。 This move is part of broader efforts to stabilize and support the real estate sector in China.