Influence Of The Real Estate Taxation Reform To Local Fiscal Revenue

Real estate taxes are always the important in local taxes, It is a leverage of ourcountry in regulating the real estate market,and is an important source of Local fiscalrevenue. so it occupies an important position in the local tax system. Under thebackground of international tax reform convergence and the push of national policy,Shanghai and chongqing real estate tax pilot began,which causes China’s real estatetax reform has substantial progress. Real estate tax reform is not single tax change,but a tax system consummation, the taxes is an important source of governmentrevenue.If you want to improve the real estate market regulation mechanism, thecurrent must clean up the charge of the real estate market. The local government isenabler and performer of real estate tax reform, different real estate tax reform planswill have great influence on smoothly reformation and the executive power. At thesame time,accurate estimating what changes of local government financial after thereal estate taxes reform has the great significance for real estate tax reform smoothly.Based on the analysis of real estate tax system in our country and the local financialsystem, the author illustrates the current main problems of China’s real estate tax’ssystem and of local finance, and further shows the necessity of real estate tax reform.Then this paper summaries of real estate tax reform plan, and through the empiricalresearch study discoverdifferent reform plan placing the influence of financialresources.This paper first consideration is real estate tax short-term reform solutions,from tax of keeping real estate, through the analysis of the factors of market supplyand demand of real estate tax reformation, Establishes simultaneous equations of thereal estate market supply and demand, price and tax, Comprehensive considering allchanges to keep tax amount of real estate factors change. Short-term plan brings localfinancial increase, but it is transitional. Then the author analysis the middle of realestate tax plan, Considering levy tax to have urban residents real estate, On real estatetaxes adjust accordingly: Cancel the land value added tax and merge town landroyalities and the land grant fee charged by years. Through the analysis found that Thereform plan so that the local government middle of income tax for increasingproportion, But local finance is reduced, reduce range between20%and30%. Finallythe author studies of real estate tax reform long-term solution, In the premise of urbanand rural’s same real estate has the same price, levy tax to have urban residents real estate, The study concluded that in real estate tax reform under the scheme, Localgovernment financial income tax, the proportion of the greatly raised, local financialreform before also is is improved greatly.Finally the anthor puts forward some measures to ensure adequate financialresources places in order to ensure the smooth implementation of real estate taxreform, these measures including establishment special funding account and issuelocal bonds With real estate tax reform of the great income potential late.