Reserch On Tax Collection And Management Of Real Estate Industry In L City After Sales Tax Into VAT

According to Notice on Overall Launch of Replacing Sales Tax into VAT Pilot by State Administration of Taxation of Ministry of Finance(State Administration of Taxation of Ministry of Finance No.36 [2016] Document),it is approved by the State Council that replacing sales tax into VAT(hereinafter referred to as sales tax into VAT for short)pilot has been comprehensively launched since May 1,2016.Taxpayers of sales tax from construction industry,real estate industry,finance and service industry,etc are involved in the pilot and they will not pay sales tax but value-added tax.From then on,the sales tax stepped down from the stage of history in mainland China and the sales tax was completely replaced by VAT in all fields of social and economic life,which had profound influence on various industries of the society.The full operation of sales tax into VAT is a key measure for China to ensure that proactive fiscal policy can promote structural reform,especially supply-side structural reform more effectively.Along with the development of Chinese market economy and deep reform of economic system,the real estate industry—the pillar industry of national economy,plays a huge role in domestic demand expanding,tax growth and consumption promoting,etc.As the real estate is an industry rich of tax sources,it is always a key industry collected and administrated by taxation organs.It needs further discussion and research on how to enhance quality of collection and administration in real estate industry after sales tax into VAT and how to guarantee the collection of all taxes receivable while reducing burdens of taxpayers.L City is a coastal open city in East China and the real estate industry is an indispensable component of L City's economy structure.Hence,deep research and analysis on sales tax into VAT in real estate industry is of certain necessity and reality in pushing and completing this major tax reform and its follow-up work.In the meantime,it will also provide reference suggestions and guidance for further development in real estate industry with great potential and wide market prospect.Starting from current status,industry characters of real estate industry of L City and operating modes related to taxation and aiming at the current taxation collection and management status of real estate industry of L City,the paper explains existing problems and reasons for low efficiency in tax collection and management in four aspects: national policy,laws and regulations,real estate industry management and self-regulation,taxation organs and regional protectionism.And then,the paper puts forward opinions and suggestions for improving tax collection and management in real estate industry from aspects of completing law on value-added tax,resolving conflicts between central and local authorities,constructing co-working system,establishing real estate price evaluation system,strengthening tax collection and management information construction,strengthening taxation checking,increasing publicity of tax laws and enhancing tax department team construction,etc.