【Key words】 agricultural land acquisition and compensation; the new rural construction; complete agricultural land prices of acquisition and compensation; value-added gains;
Article 4. In calculating theadded value, costs and expenses listed in Article 6ofthese regulations shall be deducted from the tax payersgains from the real estate transference.
Whatever you think of this approach, it sure beats higher income taxes, higher capital gains taxes, or the dreaded ValueAdded Tax, which you know is just waiting in the wings.