Property Tax In Our Country Tax System Design Research

With the rapid development of social economy and urbanization since recentyears, the price of residential housing is rising Constantly.And it causes a series ofsocial problems such as low income families purchase difficult, real estatespeculation phenomenon, Severe land hoarding and residents living pressure.Why?Because our current taxation system of real estate have many malpractices such asheavy trading,low retain,unreasonable tax counting, excess categories of taxes,asmall collection of supervision and local tax power loss.Therefore,in order to inhibitethe fast rising of housing price, standardize the taxation system,cultivate main localtaxes and appear the phomenonen of home ownership housing,we need to reformthe property tax urgently.Firstly, this paper clear the concept of property tax,the characteristics andPropose to be taxed according to the tenure stage of the market value of house andland.And the income classify to Local financial.It must clarify the relationshipbetween the various taxes and fees and real estate industry and between the varioustaxes and fees before the levy.Secondly it researches the property taxes of the abroadand Hongkong as reference resources for ours.Through analysis the property tax system of the two largest property tax pilotcity Chongqing and Shang hai,this paper argues that the pilot city lacks certain broadtax base principle and a certain lack of efficiency.Mainly in the taxation scope is quitenarrow,taxation incentives is too much and tax rate is too low,so this two pilot cityproperty tax revenue is not ideal and the effect to curb price rises is very smallLabor is the father of wealth, land is the mother of wealth.This paper proposesthat the part of the land leasing attributes into property tax,by means of market andtax coordination use to achieve the effective regulation of the state-ownedland.Contrasting to disposable land leasing,the local government can’t get all theland leasing in short-term,thus inhibiting the local government’behavior of excessiveselling land.At the same time,along with the land price decline,housing prices willdecline,which helps to solve the residents purchase expensive problem. it won’tappear to reduce the government funds suddenly and enter the real estatedevelopment industy threshold significantly.The deed is the only one tax of our country present real estate taxes which oregulating from demand side.It has the characteristics of a wide range oftaxation,tax income timeliness and the tax base of relative stability.At the sametime,it is one of categories of taxes in the real estate tax revenue in recent six yearswhich has the highest proportion but also the fastest growing one.Therefore it shouldbe retained after leving the property tax. Whereas the land value-added tax andenterprise income tax, business tax to be collected at the same time constitute thedouble taxation phenomenon.And it has high tax burden and the tax revenue inChina accounted for the proportion is very small.So this article recommendes tocancel the collection of this tax.Finally,combined with China’s current real estate market conditions,this articledetermines to use the market comparison method as the main method and others asa supplement to assess the property tax base.And it developsdiagram of the resultsof an evaluation and feedback process.I hope this study provides certain referencevalue on property tax pilot and leving all the nationwide.