Fri, Feb 08, 2013 - Page 3 News List

Jiang dismisses tax fraud allegations

REGULATIONS:A land administration agent said the premier-designate might have withheld information from the land agency, in which case he could be charged with forgery

By Shih Hsiu-chuan  /  Staff reporter

Jiang’s father would have been assessed a higher gift tax if he was able to present any evidence to prove that the transaction actually existed, he said.

Under land rules, property transaction incur a land value increment tax rate and deed tax.

In addition to those taxes, land owners are also required to pay a gift tax when they turn over their ownerships to another person through a donation.

This story has been viewed 1989 times.

Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.

TOP top