Research On China's Individual Housing Real Estate Tax

In the 2018 government work report,the direction of the design of real estate tax system is defined as "legislation first,full authorization,and gradual progress".And the collection of real estate tax on the individual housing of ordinary residents is the core of China's real estate tax reform.As the housing property is clearly defined by the state,the value of housing as residents' property stock is further highlighted,and the gap between the rich and the poor is obvious in China.Timely collection of real estate tax on residents' individual housing has become a realistic choice to achieve the goal of adjusting wealth distribution and raising local fiscal revenue.Since then,the pilot reform of real estate tax in China has been implemented for 8 years,which has laid a certain tax foundation for the implementation of the real estate tax on individual housing nationwide.Under this condition,the formal collection of real estate tax on individual housing can help narrow the gap between the rich and the poor and promote social equity.At present,the collection of real estate tax on individual housing involves a series of problems,such as whether the collection basis is reasonable,whether the collection preconditions are available,what functional positioning is given,how to design the tax system elements,and how to improve the supporting system.Based on this,this paper is divided into six parts.Starting from the definition of property tax levied on individual housing,it is defined as a kind of tax levied on individual residents in the stage of housing ownership.This paper analyzes the relationship between land state-owned system,land transfer fee and property tax on individual housing and the theoretical basis of collection.Then,from the fiscal revenues,the macroeconomic regulation and function of adjusting income distribution three aspects of the mechanism and effect of individual housing property tax function are analyzed,and concluded that in terms of macroeconomic regulation and control prices effect is not obvious,to raise the short-term effect is not significant local fiscal revenue,can become the important financial resources of local government for a long time,the reasonable design tax system can effectively realize the function of adjusting the distribution of wealth.Then,the pilot policies in Shanghai and Chongqing were evaluated and analyzed.The problems in the pilot policies,such as insufficient legal basis for policy formulation,improper definition of tax payer,narrow tax range and low tax rate,were summarized.Then,the problems and the necessity of tax collection were analyzed.Summarizes the United States,Japan and Hong Kong area between the two countries on personal experience,the implementation of a housing property tax to specifically for individual housing in our country a property tax's function in regulating income distribution,raise the local finance income is complementary,under the localization,first determine the design principles and whole frame,more detail for the payment of a personal housing property tax subject,scope of taxation,tax calculation basis,tax rate,tax preferential policies such as tax system factor has carried on the design,and to improve the tax compliance of natural person,the collection and management measures such as property assessment mechanism and related system consummation put forward the corresponding policy recommendations.