The Effect Of Property Tax Revenues

So far the pilot property tax in Shanghai and Chongqing has been carried out more than 4 years, and there has been no progress since then. On March 1st,2015, the implementation of the real estate registration ordinance makes the real estate tax reform become the focus debate of society, scholars and government. They are arguing the position of the property tax.Property tax has beared too much for the social from all walks of life. Due to the current real estate property tax is limited to the business of real estate, property tax revenues is lower.They empress the rapid growth of the local government revenue. So we should analyze the influence on property tax reform of fiscal revenue from reality and then provide decision basis for further optimization of real estate tax reform.In recent years the real estate price has been high, especially more serious since 2010, this makes the real estate tax reform become the focus debate of society, scholars and government.Social from all walks of life hope that through the expansion of the property tax levy scope, the prices could play a regulatory role, and speculation behavior by using the real estate market could be suppressed. At the same time in order to respond positively to requirements of the State Development and Reform Commission about the reform of property tax, Shanghai and Chongqing as a pilot city set foot on the road.of property tax reform. And then theory, system, management and collection of necessary conditions of the real estate tax reform are developing and deepening constantly and obtained valuable experience in pilot areas.This paper puts forward the effect mechanism of real estate tax revenue based on the introduction of real estate tax concept and theory, and takes Shandong Province as an example, taking three level of local government including provincial, city and county(District),combined with related data and then estimates the revenue of property tax reform. Thereby it provides suggestion on success of property tax reform and promoting the sustained and healthy development of the real estate market recommendations.