Thursday, March 7, 2013
20130307-CNB-10_Divorce-in-China-a-New-Trend-to-Beat-Property-Tax
Through sickness and in health, except when theres a 20% tax to pay on your home. New measures announced last Friday by China to cool down the property market are driving married couples to divorce. In Shanghai, a marriage registration center divorced 53 couples in one day this week, according to Reuters. Other cities have also reported the same trend. The rush to untie their knots is an attempt to exploit a gap in the legislation. According to the new rules, property owners who sell their
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