The Cabinet on Thursday released a five-point plan to rein in real estate market speculation, including proposals to curb the flipping of pre-sold houses and to crack down on the buying and selling of properties under a company's name to reduce tax liability. Flipping refers to the practice of buying a property, holding on to it for a short time and then selling it for a profit.
(Full text of the story is now in CNA English news archive. To view the full story, you will need to be a subscribed member of the CNA archive. To subscribe, please read here.)
Latest
- Society
Magnitude 4.8 earthquake hits southern Taiwan
07/15/2025 10:42 PM - Society
Taipower worker electrocuted conducting Chiayi repairs in critical condition
07/15/2025 10:28 PM - Cross-Strait
Japan's defense white paper highlights China's military drills around Taiwan
07/15/2025 10:06 PM - Society
Taiwan plans tighter rules for older drivers to boost road safety
07/15/2025 10:05 PM - Business
TSMC tops 2024 list of corporate taxpayers with over NT$100 billion
07/15/2025 09:56 PM