| With the continuous rise of home prices in recent years,the pressure of buying houses for urban residents is rising.Especially for young people,having their own home in big cities has become an "extravagant hope".In order to solve the problem of buying houses,many scholars believe that our current home accumulation fundsystem has not satisfied the current home demand.It is suggested that the corresponding preferential tax policies should be issued to reduce the home purchase cost and protect the home rights and interests of residents.Therefore,the introduction of HMID(Home Mortgage Interest Deduction)policy is rising.However,the real estate market in China has been decreasing.Will the policy of HMID cause the home price to rise again,will it meet the current tax collection and administration status,will it lead to a biased benefit?These problems are needed in the HMID policy before the introduction of research and discussion,this paper from the perspective of personal income tax expense deduction,expounded China's current tax deduction field situation,the necessity of the introduction of HMID,from the world tax preferential model,put forward HMID in China's reform of home loans recommendations to ensure fair tax.The HMID is to deduct the interest generated from the home loan as a deduction before tax when collecting personal income tax,which is one of the tax deductible items in the comprehensive tax reform.However,the policy was put forward by Lou Jiwei,the former Minister of Finance in 2016 at the two sessions and there are still no signs of implementation.The introduction of the.policy is faced with fairness and benefit range and the level of collection and management problems to be solved,this paper through the analysis of the three international comparison of home tax representative patterns,including pattern HMID represented by the United States,Italy and Japan as the representative of the home loans payable tax credits mode as well as Ireland and Germany as the representative of the home subsidies.By analyzing the history,scope,fairness,similarities and differences,advantages and disadvantages of the three models,combined with the actual conditions of our country,we will provide references and limitations for the special deduction of home sectors in the future personal income tax reform in China.This paper argues that it is necessary to introduce the HMID policy for home loan interest,but based on China's real conditions and many unsolved problems,this policy should not be rushed out,but should further improve the tax system reform and raise the level of tax collection and management.First,the implementation of the tax system in the family as a unit,a reasonable choice of the main tax,clear the preferential tax policies to reduce the tax rate,expand the tax base;second,the individual city pilot,lessons learned and then steadily expand the scope of promotion;third,improve the tax,real estate tax and the establishment of information sharing platform fourth,pre tax deduction;scheme to design a feasible home loan interest,for the purchase of home policy,and enjoy the time,deduction and approval procedures stipulated. |
