Research On The Problems And Countermeasures Conceming The Levying Of Housing Property Tax In Our Country

In recent years, with the vigorous development of the real estate market, the real estate industry, which has gradually become one of pillar industries of national economy, is playing a more and more prominent role in the economy. However, although the rapid development of the real estate industry, there are still many problems in the real estate industry’s tax system, such as erosion of tax sources caused by the unduly narrow tax base, taxation system chaos involves serious tax replaced by fee and double taxation, the real estate market excessive speculation and low land use efficiency which are caused by the "prefer circulation to possession" tax system. These issues constrain the stability and healthy development of real estate industry in our country, levying the house property tax is imperative. Therefore, on May31,2010the State Council approved and transmitted the proposal "Suggestions Concerning the Deepening the Reform of Key Work of Economic System" submitted by National Development and Reform Commission (NDRC), and the proposal first clear put forward housing property tax reform. On28January2011, Shanghai and Chongqing launched pilot work of collecting housing taxes; however, these two cities put much more emphasis on incremental housing rather than stock housing. And also some other problems involved, such as housing prices is not obvious inhibition, the influence on the local fiscal revenue is not notable and the fairness of the tax may be affected. More problems will be supposed to be exposed if the real estate tax is imposed commonly, and there are still not enough systematically discusses and studies works about it since the property tax is a relatively new tax system in China.This paper introduces the concept of property tax, properties and characteristics, and analysis the theoretical basis of property tax, then introduces major developed countries and developing countries property tax collection modes and the results from which the experience using for reference can be found.After that by analyzing the property tax policy background and problems exposed in pilot work of Shanghai and Chongqing, the author analyses the general difficulties of property tax in reality, and then emphatically discuss issues concerning cleaning up and standardizing the existing tax, land-transferring fees, the continuity of old and new fees, and evaluation of real estate price, then propose appropriate countermeasures. Based on the preliminary discussion, the author designs a property tax system framework which strives to have the feasibility and go with China’s national current conditions.The main content of this paper is divided into six parts:The first part introduces the investigative background, meaning in thesis primarily with the main contents, and proceeds the overview to the domestic and international research present conditions, then brings forward the thoughts and research frame of this paper.The second part gives the basic characteristics of property tax in our country by introducing the concept of it and the correlation among real estate tax property tax and local tax. And from the following two aspects of the theoretical basis of real estate tax is analyzed:One is about theoretical basis of property tax, the main context is why collecting the tax; The other one is the tax principles that should be followed in its tax collecting.The third part summarizes the enlightenment to our country collecting the property tax, which includes the conditions, purposes and principles of levying property tax, and the income distribution and tax collection and administration etc., by studying major developed countries and developing countries property tax collection modes and the results which the experience using for reference.The fourth part first reviews the property tax policy background, then briefly analyzes the two property tax pilot programs in Shanghai and Chongqing, followed by further analysis of China’s general difficulties on imposing property tax in reality, including issues concerning cleaning up and standardizing the existing tax, land-transferring fees, the continuity of old and new fees, and evaluation of real estate price, as a result the corresponding countermeasures are put forward.Based on the previous discussion, the fifth part tries to design a preliminary property tax system framework which includes the taxpayer, taxable object, tax basis, tax rate, the tax preferential scope and revenue management.The last part is a brief review of the full text summary.