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Supreme Court Rules That States Are Not Entitled to Windfalls in Tax Disputes
Posted inDecisions and Verdicts Elderly Gorsuch, Neil M Jackson, Ketanji Brown (1970- ) Minnesota Pacific Legal Foundation Property Taxes Real Estate and Housing (Residential) Roberts, John G Jr Supreme Court (US)

Supreme Court Rules That States Are Not Entitled to Windfalls in Tax Disputes

In a unanimous decision, the justices sided with a 94-year-old woman who got nothing when the state sold her condominium to recoup unpaid taxes.
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Posted by By Adam Liptak
Nanchang, Once a Symbol of China’s Growth, Signals a Housing Crisis
Posted inChina Economic Conditions and Trends Nanchang (China) Property Taxes Real Estate and Housing (Residential)

Nanchang, Once a Symbol of China’s Growth, Signals a Housing Crisis

Nanchang’s skyscrapers represented urban transformation, but the city added apartments faster than its population grew. The result: vacant homes and offices.
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Posted by By Daisuke Wakabayashi and Claire Fu
Why China Doesn’t Have a Property Tax
Posted inChina Chongqing (China) Communist Party of China Economic Conditions and Trends Local Government Property Taxes Real Estate and Housing (Residential) Shanghai (China)

Why China Doesn’t Have a Property Tax

Local governments are sinking further into debt, but after years of talk, officials have yet to introduce a real estate tax.
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Posted by By Keith Bradsher
The Elusive Fix for China’s Budget Crisis
Posted inChina Chongqing (China) Communist Party of China Economic Conditions and Trends Local Government Property Taxes Real Estate and Housing (Residential) Shanghai (China)

The Elusive Fix for China’s Budget Crisis

Property taxes would help local governments that are sinking further into debt. But after years of talk, officials have yet to introduce a real estate tax.
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Posted by By Keith Bradsher

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