Comparative Study Of The Property Tax Of China And The United States And Its Experience For Reference

Now our country is reforming the tax system in many ways. Thegovernment is now trying to change Business tax into Value Added Tax. Theseall make an impact on economic development in our country. The propertytax is not just an important part of the fiscal revenue，especially thelocal fiscal revenue, but very significant to the economic operation.As one of the most mature and perfect in the world, The United States’property tax system is very useful and we can learn and use directly orafter reform. The United States has an important guiding role to ourcountry in the tax law legislation, system of property tax policy, taxlaw enforcement team construction, and methods of tax collection.Starting with the point of basic theories of property tax, this papersystematically elaborates the basic theory and practice of property taxesand then lead to Property tax policy in US and China as well as theimplementation of the policy implementation. By analyze the bigdifferences between the two countries, the paper trying to search for thecomparison between properties of their respective countries. To finddomestic in policy and the real property tax system running, fully studythe superiorities of the property tax system， and after summarizing theadvantages and deficiencies, the writer try to give suggestions andcomments on property tax reform in China to make it more scientific andrational.