A Study On The Tax Policy To Promote The Healthy Development Of Real Estate Industry

Since reform and opening-up, with the rapid development of our economy, the development of the real estate industry is increasing rapidly. However, there exist many problems, for example, the sale of real estate is stagflation, the number of stock room is increasing. All the problems need the government to encourage and to support for healthy development. Because the real estate industry started late and is lack of theoretical and practical experiences, it generates a lot of problems and contradictions, for example, the unreasonable tax structure, repetitive taxing, Tax-pay non-compliance and so on, which are closely related to the nation’s development of economy. These problems ask for us to research the real estate-related tax theories, to analyzes issues in the course of the tax economic operation and then to solve them with any administrative and political means.Theories that the tax system of the real estate industry and the real estate development have been discussed in this paper. The paper analyzes the existed problems in the real estate industry in Yunnan province through analyzing the current situation of the real estate operation, the increase of tax revenues and tax gross. There exist a lot of problems. First, the tax structure is unreasonable and it leads to repetitive taxing, such as the repetitive taxing between deed tax and stamp duty, urban and rural land use tax and house tax, which lead to overcharged taxes and fees. Second, during the tax supervision, that the supervision mechanism is imperfect and the law enforcement and punishment are not enough leads to tax loss and tax evasion, which results in further local financial revenue loss. The above problems are generated by many reasons. This paper analyzes the reasons from four aspects: tax burden, tax policy, tax supervision and tax compliance. For example, the tax burden distribution of real estate industry is not reasonable and the tax scale of the real estate industry is small, which contributes little to financial revenue.In view of the existing problems and contradictions and in accordance with the requirements of the proposition to promote the development of the real estate industry, this paper presents some suggestions on tax policy to promote the real estate industry in Yunnan province to develop stably on the premise of the principles of fairness and efficiency, which guide to correct consumption and meanwhile to coordinate with the national macroeconomic regulation and control policy. Main measures are: to reform the current tax system policy, to clean up and ban the policies that are not adapt to the healthy development of the real estate, to implement the current system of tax collection, to response the expectation of “to replace the business tax with a value-added tax” reasonably, to complete the tax planning, and meanwhile to set up corresponding measures to improve the implementation of the tax policy, which can promote the real estate industries to develop better and healthily.