Study On Levying Real-Estate Tax For Ownership

Since the central government has established the real estate industry as a pillar industry from the beginning of this century, the local government’s "land finance" dependence increased for the reform of tax allocation, resulting in a large number of domestic and foreign investment rushing into property market, and land sales rising, which eventually led to the rapid rise of housing prices in China in last decade. Housing problem is not only an economic problem, but also beneficial to the people’s livelihood, livelihood issues. High house prices make the central government launch all kinds of macroeconomic regulation and control policy, and tax policy should reflect its role in regulating the housing consumption and real estate income. On January28,2011, Shanghai, Chongqing two cities began to implement a property tax pilot reform, however, the reform has gradually exposed many problems, therefore its effects and problems need to be further studied and discussed.This article is divided into six parts. Introducing the research background and related research status at home and abroad, the current real estate tax and land usage tax situation, typical countries and regions of real estate tax and property tax pilot scheme analysis in our country, the necessity and feasibility analysis of freehold property tax levy of Fuzhou City, and specific policy recommendations of levying real estate tax in Fuzhou City.This article use the literature research comparative analysis data analysis, the empirical analysis in combination with qualitative analysis and quantitative analysis method, etc. Through the comparative analysis of real estate tax schemes of different typical countries and regions in the real estate tax system and the pilot areas, it provides reference for our real estate tax system design. Through a case study of real estate market in Fuzhou City, government regulations and control measures, property tax and urban land usage tax analysis, it concludes the necessity of real estate tax levy in Fuzhou City. Analysis of the prerequisite and basis of real estate tax levy in Fuzhou City, assuming that the real estate tax were levied in Fuzhou City, it predicts Fuzhou residents purchase tax burden, financial impact, predict the impact on the real estate market, and probes into the feasibility of freehold property tax levy, and from the perspective of public management in Fuzhou real estate tax policy suggestions are put forward.