Chinese couples warned against property tax divorce
March 14, 2013 0 comments
Several Chinese cities saw a surge in divorce rates earlier this month after the government announced a crackdown on property speculation. Many couples with second homes had rushed to divorce, intending to sell on their additional properties as individuals without paying the tax and then remarry.
“People consider the divorces to be fake, but legally speaking they are real. If one party refuses to remarry, there’s nothing the other party can do about it.”
Properties that had previously been jointly owned would also remain the property of one half of the couple after the remarriage, he added, potentially leading to disputes.
“Some men might trick their wives into getting a divorce using the tax as an excuse, but they might have a mistress and truly want a divorce.”
Photo by Steve Webster via Flickr under a Creative Commons licence