Financialization of housing and the right to adequate housing 2017, para. 71
Párrafo- Paragraph text
- Elsewhere, taxes on luxury properties have been instituted. Singapore imposes an 18 per cent property sales tax and an additional buyer stamp duty on wealthy property owners and investors, with revenues used to subsidize homeownership of low-income individuals. A number of jurisdictions, including China, Germany and Malaysia, have introduced a property speculation tax. Tax in China, announced in early 2013 after renewed speculative activity in the housing market, involves a straight 20 per cent on capital gains, and in Taiwan Province of China, residential property owners are taxed 15 per cent on the sale price of their property if they sell it within one year of purchase and 10 per cent if sold within two years.
- Condicón jurídica
- Non-negotiated soft law
- Organismo
- Special Rapporteur on adequate housing as a component of the right to an adequate standard of living
- Tipo de documento
- Special Procedures' report
- Medio de adopción
- N.A.
- Temas
- Governance & Rule of Law
- Personas afectadas
- N.A.
- Año
- 2017
- Tipo de párrafo
- Other
- Reference
- SR Housing, Report to the HRC (2017), A/HRC/34/51, para. 71.
- Paragraph number
- 71
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Fecha de adición
83 conexiones, 83 Entidades