Research On Chinese Tax System Reforming Of The Real Estate

The real estate is the basic condition that the mankind relying for existence and development, and the carrier and basis of the whole economic activities, this important character makes the real estate industry become a trade receiving much concern. Since the foundation of the state, the real estate industry of our country has gone through an evolution from nonexistence to existence, from small to large. Especially, housing system reform on1980’s had offered the unprecedented opportunity for development of the real estate industry. With development and grandness of the real estate industry, the important function in national economy of the real estate industry gets abundant embodiment and full exertion, it is becoming the basic and pillar industry of national economy progressively. Whether the real estate industry develops continuously and steadily has already concerned whether the whole national economy can be developed continuously and steadily. In order to lead and standardize the healthy development of the real estate industry, to guarantee the stability of the economical operation and people’s daily life, strengthening macro adjustments and controls has already become the important duties of the country and government. In recent years, the increasing speed and scale of the development in the real estate industry of our country are faster than before, while promoting development at full speed of national economic development, which also gives somebody evidence of its overheated speed, national economy’s development has greater hidden dangers, which makes the government and people produce great worry.The real estate tax system at the present stage is established during the tax system reform of1994, there are12tax categories involved mainly, including7tax categories regarding real estate as the taxation target directly, namely land value-added tax, urban land use tax, farmland occupancy tax, house property tax, urban house and land tax, investment orientation regulatory tax of the fixed assets and deed tax; and5tax categories that are closely linked with real estate, namely business tax, income tax for enterprise, individual income tax, stamp tax and urban maintenance and construction tax. According to nature of tax category, the current real estate tax categories can be divided into4kinds:the tax revenue related to developing in the room, mainly including business tax, stamp tax, investment orientation regulatory tax of the fixed assets, urban maintenance and construction tax and education surtax; the tax revenue related to trade of the real estate, mainly including business tax, urban maintenance and construction tax, education surtax, deed tax, stamp tax, land value-added tax; the tax revenue related to holding of the real estate, including house property tax, urban land use tax, farmland occupancy tax mainly; the income tax of the real estate, including income tax for enterprise and individual income tax mainly.The current tax system of real estate in our country meets the needs of economic development at that time generally, and plays a positive role in organizing fiscal revenues to meet country’s need of implementing its function, conducting real estate market with macro adjustments and controls so as to ensure national economic stability. Real estate tax system has a lot of questions too, which demand us reform and perfect it further. First of all, the legislative level of the tax revenue is low, the tax system of domestic-investment enterprise and foreign-investment enterprise is not unified. Secondly, range of rent, taxation and fee is not clear, there are too many items to charge. Again, structure of the tax system is unreasonable, including the range of taxation too narrow, the timing of liability arising unreasonable, tax rate rigid, disposition of tax category unreasonable, excessive tax allowance taxation. Finally, the right of tax collection and management is too centralized; the supplementary measures are not complete.Foreign real estate tax system has a certain historical, has established a set of a comprehensive real estate tax system, at the same time also accumulated a lot of advanced and valuable theoretical basis and practical experience. This article in foreign countries is introduced several developed countries real estate tax system, and these countries are summarized in the paper in order and compared each other, for China’s real estate tax system provides learning and using for reference the experience. Finally on the analysis of the real estate tax system problems and the experience abroad, and on the basis of the situation of our country based on unique and puts forward the specific ideas of real estate tax reform.