Calculation Of The Impact Of Residential Real Estate Tax On Local Fiscal Revenue

In order to improve the life happiness index of our residents,the key lies in the effective implementation of public service functions by local governments,but the performance of the functions requires the guarantee of corresponding financial resources.After the battalion reform increased,the main tax types of local governments disappeared,and the tax revenue decreased significantly.The long-term reliance on the central government's transfer payments obviously cannot maintain the needs of fiscal expenditures,and the land finance and the large amount of debt financing methods cannot be maintained for a long time.How to based on the current tax system Carrying out reforms and expanding the financial resources of local governments are urgent issues to be studied.After the reform of the tax-sharing system,the real estate industry has become a local pillar industry.The real estate value is high,it is not easy to move,and it has good stability.It has unparalleled advantages from other tax sources.Perfecting the real estate tax system can greatly increase the local government's fiscal revenue..At present,my country only levies taxes on operating houses in cities and towns,and a large number of properties are outside the scope of taxation.Therefore,it is an urgent task to include non-operating properties in the scope of taxation,which can effectively solve the problem of insufficient local fiscal revenue.In the government work report of 2018,the real estate tax legislation was formally raised,with particular emphasis on the need to improve the local tax system.In September of the same year,the Standing Committee of the National People's Congress proposed to review 10 separate tax laws related to real estate tax.The legislation of real estate tax not only has practical requirements,but the legislature is constantly improving it from the legal level.This article is based on the reality that the local government's fiscal revenue and expenditure gap is increasing.From the perspective of tax elements,the feasible function of the real estate tax income function is drawn up.In the process of planning,on the one hand,the real estate of Shanghai and Chongqing is used for reference The experience and practices of the tax pilot,on the other hand,refer to the practices of developed countries and scholars' research conclusions in related fields,and formulate appropriate taxation plans in light of China's national conditions.Using a combination of geographic location and economic development,four research areas were selected: Beijing,Shanghai,Tianjin,and Chongqing.In general,the content ofthis article mainly includes two aspects.On the one hand,the tax amount of the proposed plan is combined with the taxpaying capacity of the resident.On the premise of calculating the corresponding tax amount of the proposed plan,the taxpaying capacity of the resident under each plan is analyzed.With reference to international standards,excluding schemes where residents'ability to pay taxes is obviously low and unsuitable for implementation.Another aspect is also the key content of this article.It analyzes the impact of the proposed real estate tax taxation plan on the local fiscal revenue in four places.Since the impact on local fiscal revenue is a relatively abstract indicator,this paper will The impact of local fiscal revenue is quantified into three indicators:1.The tax amount of the proposed plan and the proportion of business tax in local tax revenue are compared,and analysis of whether the real estate tax levy can fill the vacancy caused by the cancellation of business tax in local tax revenue.2.The real estate tax is levied mainly to strengthen the tax collection of the real estate holding link,so the proposed program tax is compared with the current real estate holding link real estate tax and urban land use tax,and the amount of the two is compared and analyzed.The impact of the real estate tax levy on the local fiscal revenue and expenditure gap,using a specific amount to analyze whether the real estate tax levy can improve the current status of the local government's growing fiscal gap.Through the above analysis,it can be found that the levy of real estate tax can effectively increase the local government's fiscal revenue,and can completely replace the canceled business tax.It is equivalent to the sum of the two taxes in the current property holding link.For the local government's fiscal revenue and expenditure gap,there are Obvious reduction effect,but it is worth noting that although the higher the tax rate,the more obvious the fiscal revenue effect of real estate tax,but on the premise of the taxpaying capacity of residents,choose the appropriate assessment rate,tax rate and reduction method to reduce the tax band.The outside is not economical.