Research On The Property Tax Base Assessment System Based On The Method Of Mass Appraisal In China

Since the tax system reformed in the nineties of last century in China, the problems of central finance have been gradually eased. At this same time, local governments have financial difficulties due to the reduction of the proportion of tax revenue. In order to increase the proportion of local revenue and balance the financial revenue and expenditure,the state tries to increase direct tax(real estate tax), for adjusting the structure of the existing tax system. In 2011, the first pilot of property tax was placed in Shanghai and Chongqing work. Since it failed in the last, it provided valuable experience for the further reform of the property tax. At the Party plenary in 2013, the real estate tax was included in the legislative plan, which has to levy soon. The assessment of tax base is the most basic preparation for Property tax levy, but at present, China’s real estate tax assessment mainly adopts single parcel appraisal method, which has low efficiency, heavy work load and high cost. However, Mass appraisal is more effective than single parcel appraisal, which is widely praised by the foreign countries. While in China, the relevant theoretical system is not perfect, and the simulation research is very little. This topic study just on the application of the evaluation system of the real estate tax base in China based on the method of mass appraisal.Based on the summarizing the field of view of relevant research scholars at home and abroad, firstly, the topic sorts out the relevant theoretical knowledge of the property tax base assessment. Then it points out the existing problems, for example, imperfect law, the ambiguous subject of appraisal, imperfect real estate database, Scarce assessment,imperfect dispute handling system and so on. Next, the topic proposes some suggestions in China’s real estate tax base assessment system based on the analysis of the experience of property tax base assessment in the USA, Canada and Hong Kong of China, and especially introduces the method of mass appraisal in the fourth chapter. In the fifth part, the text describes the application of mass appraisal at both the macro and micro level. In macroscopic aspect, the case determines the macroscopic coefficient by the statistical data of Jiangsu province, which will become one of the innovative points of this project. In micro aspect, the case aimed directly the assessment division in Green Century CityDistrict, Yunlong District, in Xuzhou. Then it establishes evaluation model according to housing units, orientation, decoration condition etc, and set the benchmark real estate. In the last the topic combines the macroscopic coefficient with the microscopic evaluation model, which advances the practical reference value of the evaluation model.