Research On The Legislation Of Real Estate Tax In China

Since the implementation of urban housing reform in China,housing prices in various cities have repeatedly reached new highs,and the real estate industry has become a pillar industry that affects the national economy and people’s livelihood.As an important component of socio-economic development,real estate tax has also become one of the important sources of local fiscal revenue.Adjusting the tax issues related to real estate is of great significance for stabilizing local fiscal revenue and ensuring the redistribution of tax revenue.In the past few years,local government finances in China have been highly dependent on land transfer fees.However,in recent years,due to the impact of the epidemic,the speed of China’s economic development has gradually slowed down,and the amount of land available for development is gradually decreasing.The traditional development method that relies heavily on land transfer fees is not advisable.In view of this,levying real estate tax can not only provide a stable financial source for local governments,but also an important means to promote the transformation of land finance.For local governments at all levels,sufficient financial support is the fundamental guarantee for maintaining local administrative operations.The rule of law and the rule of tax by law should be legislated first.Due to the great differences in the national real estate market,how to levy real estate tax and how to establish a real estate tax law suitable for China’s national conditions will become an important issue that cannot be ignored at present and in the future.This article is mainly divided into five chapters.The first chapter starts with the basic theory of real estate tax,introduces the theoretical research results of real estate tax at home and abroad,and elaborates on the feasibility and practical significance of real estate tax collection in China at present.Chapter 2 will start from the historical development process of China’s real estate tax,introduce the Shanghai and Chongqing pilot projects for collecting real estate tax in China,and analyze the shortcomings and problems encountered in the pilot projects.The third chapter provides a detailed analysis of the main practical difficulties faced by China’s current real estate tax legislation,which are reflected in several aspects such as low legal status,unreasonable tax basis,urgent improvement of the tax system,and lack of supporting systems.The fourth chapter introduces the real estate tax system of some developed countries outside the region,including the United Kingdom and the United States with Private property of land as the main body,and Singapore with Common ownership of land as the main body.Compare the current real estate tax pilot projects in China with their relatively complete legal systems,conduct in-depth discussions on technical means and legislative concepts,and draw relevant legislative experience from them.Chapter 5,based on the current special national conditions of China,strictly follows the three basic principles of tax law as theoretical guidance,starting from improving the tax system structure,clarifying the scope of tax objects,increasing legal status,and establishing a tax supporting system.Propose a top-level design that is truly suitable for China’s real estate tax legislation,scientifically allocate the legislative authority of real estate tax,and ensure that the collection of real estate tax conforms to the direction of social development and policy planning.From the perspective of improving the legal system of real estate tax,further propose feasible ideas for improving China’s tax system,and provide assistance for the country’s future planning of real estate tax legislation and reform direction.Attempting to achieve the expected goal of regulating income inequality,increasing government revenue,improving social welfare,and promoting socio-economic development and progress through real estate tax legislation.