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Chinanews, Shanghai, October 25 – According to reliable sources, China has no plan of collecting inheritance tax now, neither has the central government thought about it.
As China has no system of property registration1, it is impossible to confirm the accurate amount of heritages. Besides, more and more countries in the world are thinking about cancelling such tax. The central government once studied the practicability of collecting inheritance tax, as it might be a good way to narrow social polarization. However, The time is not ripe for it at present, as levying2 inheritance make things more complicated, said a researcher of the Institute of Finance and Trade Economics of the Chinese Academy of Social Sciences. 点击  收听单词发音
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