Research On The Reform Of The Property Tax Policy In China

China's current real estate tax policy is "People's Republic of China real estate tax regulations" promulgated by the State Council in 1986, the implementation of the policy for nearly 30 years, China's economic and social development has undergone tremendous changes. Especially after the reform of the housing system in 1998, China's real estate industry rapid transition from rapid growth to stable period of development, in deepening the reform of the taxation system, reform of property tax policy has become an important task.Based on the local financial perspective, through elaborate theory of public policy, and analysis of Europe and America and other countries where financial functions for property tax research theory, local financial functions of the current "real estate tax regulations" lack of policy, does not The basic question then adapt the new era of development and construction. Meanwhile, the paper detailed analysis from our current property tax policy policy environment, policy content, status of implementation of policies and policy reform and other aspects of performance, to identify the underlying causes leading to issues related to our property tax policy.Apart from improving the policy environment paper, adjust policy content, update tax design, perfect and so on four aspects of the policy of supporting the reform of property tax policy recommendations proposed system, but the establishment of a mathematical model of the property tax system design, and from the perspective of local finance, tax rates under different conditions, the local finance function played by the real estate tax and the corresponding tax residents extent comprehensive comparison. This article also verified simulation tests concluded that local financial functions to achieve the real estate tax, while ensuring the property tax levy will not significantly affect the quality of life of residents, property tax rate should be maintained at between 0.5-0.8.In addition to presenting our property tax reform must effectively expand the property tax levy, and to develop a suitable property tax rates, to ensure that property tax after the reform is fully able to replace such as urban land use tax, land tax, deed tax, farmland use tax and the existing real estate tax and other five kinds of related real estate tax, the paper also believes that China property tax reform must be based on our regional economic development is not balanced, the big economic gap between urban and intensified inequality, local conditions vary, the times, According to the actual situation to develop flexible property tax rates and different concessions and relief policies to ensure consistency and fairness of the tax burden; the same time, because the interests of property tax policy reform involves a wide range of social far-reaching implications, it is a extremely complex systems engineering items needed from legislation first, revise the tax system, improve infrastructure, and other aspects of supervision both balanced and prioritized, layers forward, in order to ensure the smooth implementation of the reform of property tax policy.