Research On Real Estate Tax Reform In China

The real estate industry is one of the pillar industries in national economy, itsdevelopment to promote the change of the urban landscape, improve the housingconditions of urban residents; in-depth development of China’s economic transition andsocial transformation, the real estate industry in the formation of the social wealth shareof importance and weighting are increasing, social progress and national economyfar-reaching impact on people’s lives.The tax is an important tool of macroeconomic regulation and control, real estatetax has been the accumulation of financial income, a reasonable allocation of landresources, regulate various aspects of economic interests, to promote the healthydevelopment of the real estate industry has played a positive role. China’s real estatemarket is still in development stage, there are many imperfections in the real estate taxsystem, with the further development of China’s market economy, the real estate taxsystem, as well as some of the main tax deficiencies and shortcomings are alsoincreasingly exposed; in recent years the performance of the real estate market pricescontinued to rise, demand for housing continues to expand, not unrelated to thephenomenon of the problems with China’s real estate tax real estate resource allocationimbalances. In this case, how to design and adjust the real estate tax policy to play itseconomic leverage regulatory role, and promote sustained and healthy development ofChinese real estate market has become a priority. To this end, reform and improve thecurrent real estate tax has become essential. China’s real estate tax system, combinedwith the objective reality of the current Chinese real estate market, drawing oninternational experience, and systematic exposition of the current situation and existingproblems of the real estate tax, and in-depth analysis of the cause of the problem, andthen on this basis on how to promote China’s real estate tax reform to make somecomments and suggestions.