Research On The Reform Of Property Tax System In China

The property tax system is based on the property, it does not refer to the single tax, but referred to a variety of taxes on property. This paper points out that China’s property tax system includes House Duty, Farmland occupation tax, Town land use tax, Vehicle tax, Land value-added tax, Deed tax. In addition, the national tax to the implementation of the law has mentioned inheritance tax in 1950,but it is a pity that until now our country is still have no inheritance tax.Since our property tax levy, and its main functions are to increase our local fiscal revenue in our country, taking into account the adjustment of social wealth and resources. This article mainly from the six aspects of the reform of the property tax system. The first part is an introduction, mainly contains the background, purpose and significance, literature review, research ideas, methods and outline, innovation and deficiency of this article, etc. The second part is theoretical analysis of the property tax. The third part of this article starts with the current situation of property tax system in our country, pointing out that with the change of the socialist market economic environment, the defects of our property tax system in our country gradually comes out, Main features: first, from between 2003 to 2012 decade, China’s property tax income and the proportion is increasing year by year, but the property tax accounted for the proportion of local fiscal revenue is very low, until 2012,annual property tax revenue is less than a quarter of local fiscal revenue, much lower than the developed countries. Second, our property tax system is not complete, not only the existence of the phenomenon of double taxation, there are still some tax vacancy phenomenon. Third, the property tax system supporting facilities is not perfect in our country, the efficiency is low. Which eventually led to the weakening property tax revenue function in our country, to adjust the action of social wealth distribution is not obvious, the function of resource allocation didn’t play very well.We can say that China’s current property tax system no longer meets the requirements of economic development at this stage. Therefore, the fourth part of this article points out that no matter from the aspect of economy, the gap between rich and poor, or from the property itself and the local finance level, it is necessary for our country to reform the property tax system. According to the current situation of the property tax system, the problems and causes, combining with the experience of foreign developed countries on property tax reform, summed up the principle of property tax reform should follow to improve the entire tax structure, as well as contribute to the functioning of the principle of property taxes.Then, the fifth part of this article designs the plan of the property tax system reform. This paper first puts forward the overall thinking of property tax adjustment of our country, then puts forward adjustment of the existing property tax, and points out that China should levy new taxes, and gradually improve the property tax, property tax and various taxes coordinated development, and eventually be able to make the overall effect of the property tax system has been fully realized. Here, we propose to timely inheritance tax and gift tax to make up for the absence of the phenomenon of the property tax system in individual taxes. Exit tax of this piece is still a blank in our existing property tax system, and the existing literature rarely put forward the advice of Exit tax.Finally, the sixth part of this article puts forward our country should first improve the legal protection of property tax reform. Second, the central should give the corresponding tax legislative power of local government. Again, improve our country’s property registration system and evaluation system. Finally, optimize the property tax levy management system of our country. Therefore, only set up perfect supporting facilities of property tax reform, to provide strong guarantee for our country property tax reform, to establish suitable for the development of market economy in our country, the property tax system with Chinese characteristics.