Function Orientation And System Design Of Real Estate Tax In China

Since the implementation of the policy of reform and opening up to outside word. China's economy and people's living standards had increased rapidly, but also produced some problems. In taxation. the financial relationship between central and local changed a lot after the tax-sharing reform in 1994.In the system level, it has a positive impact on china's multi-level fiscal system, but this system has created two outstanding issues:the first is regional financial difficulties, and the second is the financial gap between government was expanding larger and larger. In order to make up for the gap between revenue and expenditure, the local government only rely on the land finance which organized revenue by land transfer fund. In this way. it consequents threat to the sustainability of local financial. In Society, along with income levels increase gradually, the income gap expanded a lot, and this statement would led to a social mood of anxiety. And with the running housing prices, which beyond the purchasing power of the general population would introduce impact on our harmonious society and seed hidden danger for the stability of society. From the point view of Theory and international experience, been local taxes, real estate tax has the role of organization of income, adjusting income distribution and impact the real estate market. Therefore, studying the function of the real estate taxes, analyzing the functional position of real estate taxes, and design the real estate tax system has positive and practical significance.Papers start with the related concept of real estate tax. and defining the concept of real estate and real estate taxes respectively, pointing out that the real estate tax is levied on the property tax to maintain, that the real estate tax. Then, introduced the real estate tax levy, considered benefit theory should be chosen as the basis theory of real estate tax. On this basis, the real estate taxes are analyzed with the functions that build local real estate taxes are the main taxes, income distribution, and control real estate market three functions. Different from the general perspective and objectivity that the real estate tax should be located in the main building where the distribution of income tax and regulate the two functions, control the real estate market should be left to the market to solve the problem. Financial problems for the land, the article, the introduction of real estate taxes can be an effective solution to land transfer of the land as the main revenue model is not fiscal sustainability. In the theory of real estate taxes and function analysis, this paper some elements of the national real estate tax system and tax system are analyzed and compared, combing the real estate tax levy of international experience as a design reference for the real estate tax system. In the latter part of the paper. this property tax system in China and the status of the evolution of the analysis, pointing out that there is heavy trading the current real estate tax system, light to keep:the nature of the lack of property taxes, taxes:rate design irregularities. analysis of the introduction of the feasibility of real estate taxes that should be in accordance with China's real estate tax levy of the easier issues first, first-tier cities, in full swing after the introduction of the path forward. Finally, the design of the concept of real estate tax system. pointing out that China's real estate tax system should be followed to establish the stability, fairness, efficiency. to support fixed income, local principles and elements of the real estate tax system design and related measures proposed that the practical policy recommendations.China's current economic and social development objective is to implement the scientific concept of development, building a socialist harmonious society. This objective requires that we have the scientific and harmonious corresponding tax system. In 2010, the seventh session of the Fifth Plenary Session, the delegates focused on consideration of "second Five-Year" plan proposed outline of the next five-year economic. social, democratic people's livelihood development path and picture, which focus on tax reform plan considered the introduction of resource taxes, real estate tax policy.Therefore, the real estate tax levy as soon as possible. as a breakthrough full swing of real estate taxes and other tax system reform. so as to establish from income to consumption and then to a full range of all aspects of property tax system, improve our tax system, implementation of the "ten twenty-five "planning an important measure.