Study On Current Real Estate Tax Reform In China

With the sustained and rapid development of economy in China since its reform and opening up,the real estate industry is booming.However the rapid development has brought a series of problems,such as the supply and demand imbalance in the structure of the real estate market,high prices,the problems of excessive speculation and so on.One of the reasons to the problems in real estate market is there are many problems in the current real estate tax,such as the unfair tax burden,the small tax revenue volume,difficulties of meeting the needs of local fiscal expenditure,the imbalanced structure of tax system and too narrow tax scope,illogical tax basis,etc.,which make it difficult to adapt to the needs of the development of real estate commercialization under the conditions of market economy,hard to play their function role,and hinder the development of the real estate industry in China.Therefore we must accelerate the establishment of real estate tax legislation,optimize the structure of the real estate tax system,redesign the categories in tax system of real estate,establish and improve the real estate tax value assessment system,and perfect the related system of collection and management,eventually form to meet with the situation of our country's real estate tax system.In order to form the local tax system which is suitable for the situation in China,perfect the local tax system,and complete the fiscal and taxation system reformation.This paper writes from the basic theory of the real estate tax,explicit the basic connotation and social functions of the real estate tax explore the history of the real estate tax.Based on the current real estate tax system in China,it expounds the historical evolution and the basic situation of our country's real estate tax.By the compared analysis from different angles of the international mature real estate taxation system,including the specific elements in the taxation system,tax management system,tax right division and income attribution of systematically from the aspects,draw lessons from the successful experience.Compare to the current status of the real estate tax system,analysis to find out the problems and shortcomings.Especially the reform situation analysis of building taxes in the experimental unit of Shanghai,Chongqing,and finally find out and put forward the basic ideas and suggestions to speed up the real estate tax reform in China.