Curb house prices crazy rise industry proposal should be a masterpiece of tax

Source: Internet
Author: User
Keywords Profiteering VAT
Tags added can't afford data developer developers development high it is
Kang Bigang "Price rise," this is the latest trend of the National Day House Fair shows: On the one hand, high prices, ordinary people can't afford to buy a house, again wait and see market trend; According to recent reports, the Shanghai developer quotes Innovative high, National day average price up to 20,000 yuan per square metre, and "51" average price per square meter only 12,000 yuan, but also more than 10 real estate prices more than 100,000 yuan; The Shenzhen National Day house price also innovates high, rises to the 20,000 yuan/square metre above  It is in Chengdu, recently a number of real estate price Chong million yuan, there are real estate prices even reached 20,000 yuan, and some real estate price increases of hundreds of to two thousand or three thousand yuan. In fact, after this year's "Little Spring", with the credit funds flocking into the property market, all over the property market has become prosperous, especially the "5 27" real estate capital ratio from 35% down to 20%, many developers will be "good scars forget pain", forget that they have just survived the "life and Death", forgetting that they were "pig strong ", have become crazy, not only repeatedly rising house prices, and crazy enclosure, leading to the property market again into a crazy state."  In this case, if allowed high prices, not only will increase the common people's purchase difficulties, but also will produce consumption squeeze effect, not conducive to stimulating domestic demand, more frightening is to induce inflation. However, in the face of the crazy property market, but rarely around the government to take measures to actively respond, as if facing the developers of the crazy move helpless. In fact, to curb the rise in housing prices, in addition to the construction department strict illegal development and sales, the Ministry of Territorial Investigation of illegal enclosure, bank strict credit policy, the tax department also has a bright prospect-that is, in accordance with the relevant national laws and regulations, timely and full tax to the real estate, especially the  Land value-added tax is a special target for real estate profits "progressive income tax", with the role of curbing the rise in house prices, the increase in prices is bound to cause a rise in value-added, to a certain extent, will trigger higher tax rates. Because of this, in the face of soaring housing prices, the State administration of taxation issued a notice on January 16, 07, requesting the settlement of real estate development projects from February 1 onwards, the land value-added tax. According to the relevant regulations, the land value-added tax base is substantially equivalent to pre-tax profit, specific four-grade rate of progressive rates: the value of the increase does not exceed the "deduction amount" (basically equal to the project cost) 20% of ordinary residential projects, do not add to land value-added tax; The value added amount accounted for 50% to 100%, the tax rate was 40%, the value added accounted for 100% to 200%, the tax rate was 50%, the value added accounted for more than 200%, and the tax rate was 60%. By the year 08, however, the liquidation policy had not been well implemented by the Wenchuan of the global financial crisis and the great earthquake.  Now in the price of property prices high, developers profitable situation, we should strengthen land value-added tax liquidation levy, forcing the property market to return to rationality. If the strict levy isOften tax, can not inhibit the impulse of developers to increase prices, it should be levied "real estate windfall tax." Last October, Pan Xiangdong, the chief macro analyst at Everbright Securities, put forward the suggestion that the government would levy a 99% windfall tax if it exceeded 30%, as long as the real estate business had a profit of more than 20%. Levy windfall profits tax, even if the house price is high, the developer also no profiteering can map, will not blindly push high prices, property prices naturally will not fluctuate. Developers also have similar proposals, during the two sessions this year, Evergrande Real Estate Board chairman Jiayin also proposed levy "real estate windfall tax."  Recently, Professor Zhong, director of the Financial Research Center of Beijing Normal University, has made a public appeal to levy a real estate windfall tax! Real estate industry profiteering is not a secret, "real estate cattle people" Ren Zhiqiang has openly claimed that "real estate on the windfall", China's richest list of half of the rich from the real estate industry, intuitively shows that the real estate industry is almost the most profitable industry. It is an important means for modern government to prevent monopoly, maintain competition order and economic steady development and adjust income distribution to levy windfall tax on profiteering industry. Taxing developers, can not be fraudulent, not entirely to the data reported by the enterprise, unless the data is true and accurate, in addition to querying the real estate transaction system data, but also to encourage people in particular owners report to find out the real developers of each housing sales revenue, according to the developers to do the false accounts of the behavior of doubling , if the local government cooperate to fake, it should be the higher judicial department to investigate the direct responsible person and leader's administrative even criminal responsibility, let the real estate business and all operators, managers of illegal behavior "nowhere to escape".
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