| Real estate tax is also can be called property tax or tenement tax, every year the renter or owner must pay certain taxes, and the quantity of tax they pay is varied because the market value of land or realty is changing every year. However, up to now, we don't have a specific measure about how to levy such tax. In many countries real estate tax has been a category of tax for long time. In China the real estate industry are developing rapidly, the old real estate tax system don't satisfy the need of developing the real estate industry any more, so levying a new real estate tax has been a important agenda of government.Levying a new real estate tax will benefit to improve our property tax system, regulate tax-fee institution. And, in the past under most situation real estate tax was levy on the transaction not on keeping realties, which will be changed after levying a new real estate tax. Although establishing a new real estate is meaningful, yet a lot of problems need deal before action. For levying a new estate tax, we need grasp more theoretical knowledge, and need more detail plan about how to levy. In detail, it includes how to sure what kind of category of tax should be cancel or what kinds of should be merged, deal the relationship between tenements and houses, sure the differences in tax between purchased real estate, set real estate assessment institutes and evaluate the changing value of houses and land. We need just adjust old tax or set a totally new item? Taxing the real estate base on it's quantity or value? If those problems can not be resolved efficiently, the new tax shouldn't be implemented cursorily. How much we can resolve will decide whether the real estate tax can be established or not, and what kind of function of new tax have in future.The theory of optimum tax is a representative tax theory, and nowadays it gets more and more attention. It offered us a theoretical frame to judge one tax system. And, it will help us to resolve the problem mentioned above, so it is necessary for us to pick certain meaningful theory to help us to design a perfect real estate.In China the real estate industry just has a short history, and according to our own characteristic, so we need a long-term goal when we design tax system. Our basic goals should include ensuring the real estate industry run in order and the local public service can get enough funds. Tax and rent are two totally different concept, so should not take the price of land into real estate tax. For levying real estate tax, government should plan to regulate the tax-fee system of real estate industry, not to add a new item of tax, so next step we just need adjust old tax. Because the value of houses and land has special relationship, so they should be taxed together; According to basic rule of law, the purchased houses should not be taxed again. For setting assessment institutes, we need a complete system, which include central... |
