This book offers an analysis of China in its muddling through of
financial reforms towards adopting a local real property tax. The
research is designed to serve dual purposes. First, it is an effort
to provide an independent perspective on an urgent public policy
under consideration by the Chinese government and to reflect upon
this policy's process, which started over a dozen years ago yet is
still in the fermenting stage with no sight of fruition.
Additionally, this project is intended to share China's experience
with other developing and transitional countries, so they can
discern the difficulties China has faced and understand what may
entangle them in the modernization of their taxation systems.
General
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