A Study On The Legal Problems Of The Reform Of Real Estate Tax

With the deepening of Reform and Opening up and the improving ofChinese people’s living standards, Chinese real estate market becomessurging, and the housing problem of high prices caused by the growingreal estate market has been much criticized. Current Real Estate Taxationis based on " The Interim Regulations of the People’s Republic of Chinaproperty tax" implemented from October1st,1986.How to improve theReal Estate Taxation system so that it is coordinated with China’s basicnational conditions has become an important issue needed further study.Thus, resource allocation will be optimized, housing demand will becomerational, and real estate market will maintain stable. From January2011,cities of Shanghai and Chongqing were promulgated a series of measuresto reform the Real Estate Taxation. The reform is commendable, butProperty Taxation is more scientific than mere reform of current RealEstate Taxation considering without increasing burden on residents. Inthis paper, based on comparison between the Shanghai and Chongqingreform measure and analysis of typical Real Estate Taxationextraterritorial, I propose the legal issues of expansion of this tax reformand make it clear that it is valuable for the real estate market toimplement Property Taxation.Based on the basic theory of Real Estate Taxation, The first chapterdisserts the history and current situation of Chinese Real Estate Taxation,and points out problems of Chinese current Real Estate Taxation, thenstresses it is necessary to improve our Real Estate Taxation system. Onthe other hand, from the perspective of the Property Taxation, I compareProperty Taxation with content Real Estate Taxation, and discuss thebasic framework of Property Taxation reform. The second chapter compares and analyzes the reform of Real EstateTaxation in Shanghai and Chongqing and points out the advantages anddisadvantages of this reform so that we could improve subsequently.The third chapter selects United States, Japan and Hong Kong astypical representatives of the two legal systems, and make a comparativeanalysis of the Real Estate Taxation extraterritorial to provide referencefor improving our Real Estate Taxation system.The fourth chapter discusses the possible resistance of expanding therange of Real Estate Taxation reform, and puts forward my proposals.Meanwhile, I affirm it is valuable to implement Property Taxation for ourtax system and the real estate market, then I demonstrates the connectionbetween the expansion of Real Estate Taxation reform and theimplementation of Property Taxation. The adjustment of Real EstateTaxation is expedient, and Property Taxation is fundamental strategy forthe real estate market.