April 28, 2011 / 1:35 AM / 6 years ago

China not likely to impose a capital gains tax -tax official

1 Min Read

BEIJING, April 28 (Reuters) - China is not likely to start taxing investors on their capital gains any time soon, a tax official told Reuters on Thursday, a rebuttal to market talk that China was about to unveil such a tax.

The Shanghai B-share index had slid 5.3 percent on Wednesday, in part dragged lower by rumours that a tax on investors' capital gains might be launched soon.

Reporting by Shen Yan and Koh Gui Qing; Editing by Ken Wills

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below