Analysis And Policy Suggestion On Tax Bearing Of Real Estate Industry In China

The real estate industry has developed rapidly in our country in resent years. Serious real estate bubble is produced with the real estate industry scale growing. We should strengthen the government’s macroeconomic regulation and control to ensure the healthy development of the real estate market and the stability of people’s lifeChinese real estate tax law system is formed with the development of our economy and the reformation of taxation system. The current real estate tax system in our country played an important role in maintaining and guiding the real estate industry development. But, it should be reformed with the change of the economic situation to adapt to the new situation. It affected the healthy development of the real estate market because of the imperfection of our real estate tax, such as low legislative level, the unreasonable tax basis and tax rate, etc.It is explicitly put forward that we should speeding up the legislation and accelerating the reform of the real estate tax at the Third Plenary Session of the18th Central Committee of the CPC, which is a wise decision in the current economic situation. This is the first time for Central Committee Documents to mention the legislation of the real estate tax.This article is divided into five chapters:Chapter Ⅰ:The introduction. In this part, the author introduces the development status of the real estate industry in our country and the effort to reforming the real estate tax law system. In order to avoid disputes, the author mentions the real estate industry and the construction industry, the real estate tax and the house duty, and defines the definition of the real estate industry and the real estate tax in this article. Then, the research results of experts and scholars at home and abroad are summarized from different aspects to know the research status of the real estate tax.Chapter Ⅱ:The real estate tax law system in China. It divided into two parts. In the first part, the main task is retrospect ting the process of the establishment and development of the real estate tax law system in China. It established at the beginning of our country’s founding, then rebuild after performing the reform and opening-up policy, and shaped up after Tax-Share Reform put into force. In the second part, the author sums up the11taxes in the current real estate tax system in our country.Chapter III:The study of the tax structure and the tax burden of the real estate industry in China. At first, the author analyzes the overall tax burden of real estate industry. On the one hand, it is expressed by the proportion of the GDP of the real estate industry of the country’s GDP, to briefly explain that how much influence can be the real estate industry development of our country’s economy. On the other hand, we use the proportion of the real estate industry’s overall pay tax of GDP of the real estate industry to analysis the general overall tax burden of the real estate industry. Then the author selects113listed companies of the real estate industry, and analysis’s their financial and tax data to find out the tax burden level and their development trend. At last, we select3of them for an in-depth study.Chapter Ⅳ:The problem of the real estate tax law system in our country.In this part, many deficiencies in the real estate tax law system in our country is summarized. Mainly include:taxes are not reasonable with seriously double taxation; the distribution of the business tax burden is not reasonable and taxes are levied in the circulation link; the tax coverage is limited because of the incidence of taxation; unreasonable tax basis, cannot reflect the real estate market value; the tax rate is not reasonable; taxes and fees confusion together; there is no set of perfect supporting measures to guarantee the real estate tax collection and administration.Chapter Ⅴ:Reform our real estate tax law system. According to the specified target and principle, maybe we can reform the real estate tax law system in these ways:reform land value increment tax and business tax and bring the real estate industry into the scope of the pilot to replace the business tax with a value-added tax; reform cultivated land use tax; levy real estate tax instead of building taxes and urban land use tax; reorganize the charge behavior for the real estate industry; enhance the management of the real estate tax levy, est.