Studies On Management And Collection Of Land Value Increment Tax On Real Estate Industry In L City

The land value increment tax refers to one item of tax, which is determined according to its value added when the land is transferred or the housing is on sale. During the long period, the Land value increment tax has contributed “a small-scale profit” in the local tax. However, in the recent yeas, the Land value increment tax has become the “the main force ”of the local tax, as the real estate market is developing rapidly quickly both in its scale of tax and its function in control of the real estate market. As the Land value increment tax is determined on a large tax base and it covers a big range.its program system is complicated and its clearing is difficult, This paper indicates that it is in urgent need for the government to make a new tax policy, because lots of difficulties and problems are met in collection and administration of the conventional tax. Also, different ideas and opinions have been put forward, regarding the current tax policy on the real estate.At the present time, studies on the land value increment tax is only conducted theoretically and some plans on mobilizing the land value increment tax is put forward in the view of the industry,while the governmental tax authorities lags behind the situation,with less studies on practical details. This paper is based on the tax theory and gives analysis of the actual management of the Local Tax Administration Bureau of L City from 2009 to 2013.The analysis is in four points of views, including the tax payers, the tax authority and the agency, The paper also discussed the problems in its management of The land value increment tax on real estate. Some suggestions for final removing these problems are given as follows: The tax payer should observe its obligation to pay tax; Information data and supervision are to be enforced; The tax collection pattern is to be improved; A more scientific method is required in special management on tax fund; The checking program is to be regulated and standard; Scientific evaluation is required in taxation; Supervision on tax agency is to be further enforced; Permits of entering and withdrawal is required.