Comparative Study On Real Estate Tax System And Related Taxes Between Mainland And Taiwan

As an important lever of economic distribution and one of the major resources of revenue, real estate tax system plays an important role in the entire taxation system. The rationality and completeness of real estate tax system is of great importance in the development of the real estate industry, the proper regulation of income distribution, and guaranteeing consistent, rapid, healthy development of the economy. With the development of society, a reform and further improvement of current real property tax system is of great necessity. The purpose of this thesis is to explore the mode of the reform of the existing real estate tax system by comparing the real estate tax system in Taiwan and mainland and using the successful experience of the real estate tax system in Taiwan as reference. This essay contains five major parts:Chapter 1: Introduction. This chapter briefs the background and significance of this paper. Comparative study of Chinese real estate tax system is reviewed and the main structure, the advantages and disadvantages of this paper is also commented.Chapter 2: Basic Theoretical Research of the Real Estate Tax System. This chapter summarizes the concept and characteristics of the real estate tax and conducts an analysis of the role of real estate tax. Meanwhile, the theory and principles of tax reform and its application in the real estate tax system is also discussed in this chapter.Chapter 3: The Summary and Comparison of the Real Estate Tax between Mainland and Taiwan. In this chapter, real estate taxes are divided into three aspects: development, transaction, and owning. Real estate tax in mainland and Taiwan is summarized and classified according to these aspects, comparison of each tax in the real estate tax are made, and comments of the revision of each tax concerning real property are also provided. Chapter 4: Comparison of the Rationality of Real Estate Tax System between Mainland and Taiwan. Comparison according to tax category, tax base, tax rate, tax burden in real estate tax system and owing, and the tax policy concerning local real estate enterprises and overseas-funded real estate enterprises is made in this chapter.Chapter 5: Considerations about the Reform of the Real Estate Tax System. According to the comparative study of the real property tax in mainland and Taiwan and the problems it reflects, suggestions on the reform of the real estate tax system have been made in this chapter.