Study On The Legal System Of Property Tax In Our Country

With the rapid development of market economy in China, the real estate market is thriving. In order to realize the socialism's idea of home ownership, to eliminate the drawbacks in the current realty tax system, and to conduct reasonable adjustment on virtual high housing prices, property tax is made. It is an item of taxation that targets land, houses or other real estate and their belonging equipment, facilities and ground within the territory of China. The owner or tenant is required to pay his tax every year, which will change as the value of real estate market.This thesis will discuss and study the property tax through the following four parts:The first part will introduce the concept, characteristics and the meaning of the property tax. It will state that property tax has its own irreplaceable functions, and that it can not only help to plan real estate market and optimize real estate tax system, but also promote local economic development by guaranteeing equal allocation of social wealth. This part will present the long history of theoretical studies on property tax, pointing out that property tax is attached to realty tax.The second part: this paper will study foreign countries' successful experiences in property tax and propose some constructive suggestions by studying and comparing their tax categorizing, tax rate designing, tax law making, tax payer, preferential policies, and other aspects.The third part: by analyzing China's current realty tax system with the consideration of the practical situations of economic system transition, this part will conclude not only its imperfections in macroscopic legislation of realty tax which lead to boundary confusion of rent, tax and fees, but also its irrationality in the microscopic designing of tax rate and basis of tax assessment and their related deficient systems and measures. Thus I will make feasibility analysis on the collecting of property tax according to national economic development level and property rights system.The fourth part will propose, according to the actual conditions in China, constructive suggestions and overall plan on the establishing of property tax's law system. Under this guidance, it will also boldly design the specific system for property tax imposition, that is, make strategies for the drawbacks analyzed in the 3 part: determine objects and range of tax, clarify taxpayer, make scientific basis of tax assessment to set reasonable tax rate, and launch preferential policies according to the actual conditions of national economic development. Finally, this part will make some suggestions on the standardization of legislative procedures.Through the above statements, this paper puts forward the basic frame for the reform of realty tax system and make research for the success of property tax imposition, hoping to provide more effective guarantee for the healthy and orderly development of China's real estate market.