Research On The Reform Of The Current Real Estate Tax In China

Since reform and opening-up policy, the economy of our country turn into marketeconomy step by step, the proprietary rights of urban housing also be had by residentsstep by step. China’s real estate market has increasingly become active，the real estateindustry develops quite rapidly due to the deepening housing system reform and theurbanization policy of the government. But the rapid development of the real estateindustry, particularly the housing prices of large and medium cities in recent years haverose so fast, these conditions lead to a series of problems, for example a large number ofspeculative behavior happened in the real property market; the growth of revenue ofordinary people lags behind; housing vacancy phenomenon is serious in some cities.These problems make the most of the wealth flows to the real estate and decrease there-creation of wealth of the society. At the same time, more and more social wealth willaccumulate to the minority, the income distribution gap in China is very serious. Therising prices of houses and the larger income distribution gap further intensify the socialcontradictions and go against the establishment of socialist harmonious society. So theprice of housing has been a focus, how to make the house price at a reasonable level andto promote the healthy development of the real estate industry become our society’simportant studying subject.The paper studies this subject from the perspective of reform of the real estate taxsystem, analysis the problems exist in the reform, study on the effect of the reform, givepersonal idea of the spreading of the pilot reform. Firstly, the paper introduces theresearch background and meaning, research structure, the author states the study situationof scholars at home and abroad, then introduce study method and innovation.Secondly,introduce property taxes and its related concepts as well as the features and functions ofthe real estate tax, and then analysis of public economics point of view the introductionof a property tax and land economics point of view. Thirdly, through the analysis of theUnited States, Britain, South Korea real estate tax, Summarize some valuableexperiences that can provide important meaning for our real estate tax reform. Fourthly,analysis the Shanghai and Chongqing both of the housing property tax pilot reform plan the main content, summary up their deficiencies, evaluate the effect of reform,summarized the problems in the reform. Finally, learn from Shanghai, Chongqing reformexperience, puts forward the scheme of property tax reform.