Provisional Regulations of the People's Republic of China on land appreciation tax. Country/Territory China Document type Regulation Date 1993 Source FAO, FAOLEX Original source Foreign-Related Laws and Regulations of the P.R.C., CD-rom, Bureau of Legislative Affairs of the People's Republic of China. Subject Land & soil Keyword Land tenure Land valuation Right of use Geographical area Asia, Asia and the Pacific, East Asian Seas, Eastern Asia, North Pacific, North-West Pacific Entry into force notes These Regulations shall come into effect on 1 January 1994. Abstract The Regulations aim at standardizing the order of land and real estate market transactions, at reasonably adjusting the benefit from land appreciation and safeguarding the rights and interests of the State. According to article 2, all units and individuals receiving income form the transfer of state-owned land use rights, shall pay a land appreciation tax in accordance with these Regulations. Further provisions concern the following: (a) appreciation of the amount to be paid; (b) deductible items; (c) exemptions; (d) collection of the tax by tax authorities. Full text English