Analysis On The Transformation Of"Land Finance" In China

In recent years, with the development of Chinese economy, the improvement of urbanization level, the real estate market, and income from land and related industry accounted for the proportion of local finance is higher and higher, the preference of the local government’s land finance been deepen. There is no denying the fact that brought a lot of land revenue to alleviate our country local finance cash-strapped state, preparations for the city construction in our country, a lot of money, but also contributed to the arable land reduction in our country, increasingly extensive land use, land transactions rent-seeking corruption is serious, the real estate market development deformed, In our country,"land finance" model by local financial dependence on one-time land sales revenue, land revenue internal structure is unreasonable, this model is not sustainable, the local finance risk, economic development and urban expansion, must transform. Therefore, to ensure adequate financial resources for urban development and construction, public services, eliminating dependence on land revenue, is the current problem to be solved in our country. Using the real estate tax revenue the stable and sustainable local fiscal budget revenue to replace the land grant fee income, make it become the main body of local government taxes, solve the plight of China’s land finance. This thesis is divided into five parts:the first part is the introduction, elaborated the paper research background, research significance, and the domestic and foreign scholars research on land finance and real estate tax reform has carried on the literature review, on the basis of this puts forward the research methods of this article; The second part is the current situation of the development of China’s land finance analysis, through the structure of our country land revenue and expenditure structure qualitative quantitative analysis, it is concluded that current our country land revenue structure is unreasonable, reliance on land sales, real estate keep missing link tax revenue, land revenue expenditure for public service part less; The third part is the necessity and route choice of China’s land finance transformation, because the current land finance mode, the real estate market, the local economic structure deformity development, extensive land use, food security is threatened, land requisition contradiction is serious, and the land transfer net income along with the improvement of the system of land expropriation compensation, such as increasingly unsustainable, affected the stability of public services, land finance of local government fiscal and financial risks, urbanization also impeded, China’s land finance facing the transformation of the inevitable. Based on this, this paper analyzes the American land financial development path and the characteristics of different types of land finance affected by market fluctuations, it is concluded that the real estate tax system reform, guarantee the stability of local tax revenue of the budget is the best choice for our country land finance transformation; The fourth part is based on the real estate tax reform research Angle of view of China’s land finance transformation, this part, from the perspective of the problems existing in the current real estate tax system in our country, summarizes the Shanghai, Chongqing property tax pilot reform both in China and foreign real estate tax system development experience, put forward in accordance with the situation of our country’s real estate tax system reform, and through the simulation of the real estate keep tax levy, measure can replace land real estate keep tax income, become a local duty; The fifth part is the conclusion, summarizes the full text content, and points out that should be performed as the real estate tax reform corresponding perfect supporting system reform.