The Research On Land Value Increment Tax Liquidation Of Real Estate Development Enterprise

The real estate industry is one of the most important industry of national economy in our country. As housing prices rises, the tax policy which relevant to estate industry becomes a major concern. Land value-added tax is one of the important taxes which regulate the real estate market.It was imposed to strengthen the macro-control of the real estate market,regulating land increment income, increasing the fiscal revenue. Liquidation is an important part of the land value-added tax collection and management, which can directly affect the tax receivable inventory in a timely manner. But because of the defects of the land value-added tax destination; the poor management of the local tax authorities and the other reasons, the land value-added tax liquidation system has not been well executed.Land value-added tax system of our country began in 1993, promulgated by the state council with the regulation of People’s Republic of China land value added tax. In the first year, due to various restrictive. The national land value-added tax revenue was zero and 30 million in 1995. The Cess wu mechanism has generally used the way of “all had no liquidation” to collect the land value-added tax,but the land value-added tax income has not increased significantly,With the rapid development of the real estate market, the state administration of taxation issued the land value-added tax liquidation management regulations, reform that since 2007, the local tax authorities for real estate development enterprise has to conduct a comprehensive liquidation. After the comprehensive liquidation,the implementation of land VAT tax increased significantly, but the situation was not ideal and failed to put tax into the Treasury in time.This paper starts from the aspect of the basic theory of land value added tax liquidation,elaborating land value-added tax to set the drawbacks on the analysis of land value-added tax liquidation dispute in practice, putting forward ideas to perfecting the land value-added tax liquidation system, providing a reference for the land value-added tax liquidation system to execute better.This paper will be divided into four parts:The first part, the paper expounds the basic theory of land value added tax. First the concept of land value-added tax and tax elements parsing. Combining with the change of national land policy and the development of the real estate market,the paper is aimed toanalysis the background of the land value added tax is imposed.The second part, the paper writes the land value-added tax in real estate development enterprises liquidation. First of all, introduce the purpose of land value-added tax liquidation;Secondly analyses the land value-added tax liquidation system since the 1994 years since the introduction of a system evolution, mainly divided into two stages, before full liquidation practice in 2007 and 2007 comprehensive liquidation after practice.The third part, analysis the flaws of the real estate development enterprise in the land value-added tax liquidation system. First, the unreasonable of liquidation procedure, the elasticity of the liquidation time, the difficult to grasp accurately, the unreasonable setting of clearing conditions, and the weakness in the taxpayer’s obligations; Secondly,discusses the liquidation deductions on defects; at last, analysis common defects on the standard residential standards.The fourth part, the paper puts forward the ideas to improve the system of real estate development enterprise land value-added tax liquidation, mainly from perfecting the setup of the land value-added tax liquidation system, and improving the mechanism of tax management.