Real Estate Trust Tax System

Real Estate Trust is based on the land and fixtures as the trust property, there are rental-type, sub-sale type of exchange at equal value and the common cause of the four business model types.Trust activities in the real estate involved in a wide range of taxes, including income tax, land value increment tax, deed tax and property tax, which account for an important position in the real estate trust tax system.Trust in the form of real estate transfer tax is not taxable and the actual beneficiaries are the basic principles of trust taxation.Clear and definite taxation and ownership of any object at all stages of trust is the key to real estate trust tax .The establishment of links in the trust, the transfer of the trust property as a result of the form of transfer, in addition to stamp duty, other tax object does not exist; the existence of links in the trust, Under normal circumstances the beneficiary is the taxpayer, under special circumstances the trustee pay the cost deducted from the trust property. When the trust is terminated,the trust property will be transferred to the beneficiaries from the Trustee,There is no tax liability occurs if Clients and beneficiaries are the same person. Or Beneficiaries and trustees will have a tax liability. Under the current tax system, The taxpayer is not clear and double taxation is serious. We should modify and improve the relevant tax laws on the one hand, increase the duty-free provisions of the form of transfer, on the other hand, clear the taxpayer in every links of trust. The improvement of the trust tax system will promote the real estate industry in the sound development of the Trust.