Last month, the hot tax fell 40%
The trading atmosphere in the property market has weakened, and even the government’s hot taxation (including additional stamp duty SSD, buyer stamp duty BSD and ad valorem stamp duty DSD) has also plummeted.
According to the latest data from the Inland Revenue Department, the total income from spicy taxation in November this year was only about 1.722 billion yuan, a sharp decrease of 39.8% from about 2.86 billion yuan in October. It was a 23-month low since December 2016, which recorded about 1.684 billion yuan. .
According to the statistics of the Inland Revenue Department, the number of transactions and the amount of the three types of hot taxation fell, among which the number of BSD transactions fell the most, from 371 in October to 52.6% in November to 176 in November. The number is the lowest in a year and a half since the 157 records were recorded in May last year.