Study On The Taxation Of Real Estate Project In Village Level

Lands set aside for development in rural areas (hereinafter to as "LSA") is a policy implemented by the government in the process of urbanization, The purpose of which is to protect the interests of the village built home withdrawal of landless peasants. After rural land being transformed into construction land, government remains 10% of which to village-level economic cooperatives for developing construction. Hangzhou is one of the earliest cities which implement the policy of LSA. Now, the common development mode of LSA is the establishment of the company by village-level economic organizations and foreign investors, in cooperative development pattern. But the tax policy on development and transfer of LSA is not clear. In this context, we focus on tax policy and tax administration of LSA.This text makes a brief description of the concept of the LSA and tax policies of LSA, then, this text analysis controversy issues about sales tax and land appreciation tax for real estate projects of LSA under the existing policy. Corporate income tax, because of its less controversial, does not discuss in this text. Based on generalizing the issue, this text reconstruct tax policy for real estate projects of LSA from sales tax and land appreciation tax, considering "Twelve-Five" planning requirements, the real estate industry will be incorporated into the scope of value added tax reform, we also add the analysis of reconstruction of value added tax. At last,this text do tax calculations for estate projects of LSA.This text make a tax analysis and comparison from two tax systems, one of them conclude sales tax and land appreciation tax, the other conclude value added tax and land appreciation tax, the tax burden of estate projects of LSA and general real estate project are more balanced, this also verify the reasonableness of the proposed tax policy of reconstruction. The research conclusion of this test is a tax design scheme for projects of LSA, and it also has some positive effect on the new development of real estate forms.