The Improvement Of Property Tax In China

In the system of public finance, the efficiency of local government's supplying public goods is higher than the central government's. The functions of local government increase with the corresponding financial funds. In the system of tax division, the financial status of local government is determined by the division of powers between the central and local governments. Property tax is suitably imposed by local government for its illiquidity and locality. On the base of the existing six categories of property tax in our country, the necessary choose is to improve the system of our property tax.The article is divided into five parts. The first part is to analyze the necessity of improving our property tax .On the one hand, the necessity is analyzed by some fiscal theories. On the other hand, property tax is analyzed in the circumstances of national economy and the system of tax. The second part is to analyze the theories of property tax. It is mainly introduced the knowledge about property tax. The third part is to recommend the experience from overseas, emphasized particularly on practice. The fourth part is to analyze the actuality of our property tax, found the defects and its cause. The last part is the way of improving our property tax. Firstly, to improve the categories of property tax. Secondly, to improve the supporting measures. Finally, to give some suggestion.