Experts say property tax must first straighten out the relationship between property tax rental fee

Comments: Property tax, want to say love you are not easy to go to the great news host: Zhang Weiwei (our correspondent) Guests: Hongyu (Tsinghua University Real Estate Research Institute Director) (China Renmin University of China, deputy director of the Center for Real Estate Economics) dialogue background "idling" for many years the property tax again. It is reported that the property tax may be extended to the whole country this year, and the first pilot in Beijing and Shenzhen. The State administration of taxation also said that this year the tax authorities will launch a nationwide real estate simulation assessment. If the information is true, it will accelerate the pace of the levy of property tax, investment in the purchase of property to form a deterrent, which in turn has a significant impact on the real estate market. Should our country Levy property tax?　　What effect can it have on the property market?　　Question 1--should levy property tax? Moderator: Do you think China should levy property tax? Hongyu: it should be. October 14, 2003, the party's 16 plenary adopted the "CPC Central Committee on the Improvement of the socialist market economy system," the decision on a number of issues, referred to "step-by-step implementation of the tax system reform", called for "implementation of urban construction tax reform, the condition of the real estate levy uniform standard property tax, Accordingly cancel the relevant charges ". From the background of the 2003, we can see that the central government has proposed to levy a property tax, it is based on the principle of "simple tax system, broad tax base, low tax rate and strict levy and management", merging property tax, urban real estate tax, land value-added tax and urban land use tax as property tax, canceling the numerous charges in the process of real estate development and construction. 16 plenary the spirit of levying property tax is still not outdated today, still need to work hard to promote.　　In addition to the purpose of tax reform, the levy of property tax should have two main purposes, one is to provide a stable source of revenue for local governments, and second, to increase the cost of holding real estate appropriately and to promote the full utilization and optimal allocation of land and housing resources. The condition is great: the property tax should be levied, but the tax and tax rate should be further studied.　　Property tax is not only property taxes, but also local taxes, the purpose of the levy is to undertake local public expenditure, adjust property distribution.　　--doubt 2--property tax can restrain house price rise? Moderator: Does property tax have any effect on house prices? Hongyu: Influential, but should not have a big impact. At present, there are many interpretations of the purpose of levying property tax. If you can clean up the various real estate taxes and charges, standardize the collection and use procedures, in order to reduce the existing real estate tax irregularities and corruption, can enable local governments to share the benefits of land value-added, a long-term stable source of income, can curb property speculation, to combat high housing prices,　　Promote the stability of the real estate market and improve the utilization efficiency of land resources. In fact, the property tax can not bear and should not carry so many policy functions, but also can not hope that through the property tax to solve China's current real estate market, housing market and housing policy facing all problems. Although the property tax canPlay a role in allocating two of people's wealth and income, promoting or suppressing certain behaviors in the real estate market, but this is both secondary and indirect.　　If the property tax as a policy tool of government intervention in the real estate market, then the property tax system needs to be adjusted with the cyclical and short-term fluctuation of the real estate market, the key parameters such as tax base, tax rate and remission range may need to change several times within one year, it is difficult to imagine. Condition is great: when other conditions are unchanged, the levy of property tax will lead to a decline in house prices. From the panel data of 30 provinces in China from 1996 to 2006 the results show that for the whole country and the east, levying property tax can effectively restrain the price rise, but the effect of property tax on the Midwest is not obvious. In addition, the effect of interest rate policy is greater than property tax.　　Therefore, policymakers should apply the property tax and interest rate policy to the local conditions. --Question 3--property tax in line with national conditions? Moderator: Is the levy of property tax in line with our national conditions?　　Is there any other way to replace the property tax? Hongyu: Property Tax reform is a development direction, because the situation itself is also changing. In general, property tax has its special function and there is no other ideal alternative. At present, the main concern of the community is the existence of more serious real estate speculation, speculation led to the rapid rise in house prices, some of the real estate vacancy led to inefficient use of resources and so on. If from the point of view of solving these problems, according to the existing system regulations, strict levy of land value-added tax or real estate value-added tax, can solve some of the problems.　　can also draw on the experience of Western countries, in the real estate transfer link Levy capital gains tax (in the real estate transfer process of the net income part of the tax, similar to China's personal property income tax levied). The condition is great: I think the property tax is in accordance with our national conditions. Our land is owned by the state and the land is levied by the local government. In the current local income, land transfer money accounted for a large proportion.　　Therefore, the levy of property tax must first straighten out the relationship between the tax rental costs of real estate, but also to rationalize the relationship between the property tax and other taxes.　　--Question 4--how to collect the property tax moderator: How do you think the property tax should be levied? Hongyu: At stake, it is recommended to conduct scientific research, design, simulation and evaluation before starting the levy.　　You can first try out the commercial real estate field to explore the experience and then transition to residential property. In order to ensure the smooth implementation of the property tax reform, in the early stage of reform, from the perspective of sustainable development of Urban society and economy, from the angle of promoting the reform of local government finance and taxation, promoting the full utilization and optimal allocation of land and housing resources, this paper makes a specific system design, which should not　　It is hoped that the other policy objectives of its bearing can be increased gradually with the continuous improvement of the property tax system. The most important principle to be followed in levying property tax is the principle of equity, including horizontal and vertical equity. Horizontal equity refers to the taxpayers with similar properties should pay similar property tax, vertical fairnessIt means that taxpayers with higher valuation properties should pay higher taxes. In order to ensure fairness in the process of property tax collection, we must rely on scientific assessment methods and advanced evaluation techniques, not only to grasp the tax value of each property as accurately as possible, but also to achieve the correct ranking of the assessment results of different property values.　　Due to the wrong ranking of the assessment results of the tax value in foreign countries, the government has to pay a lot of lawsuits and compensation fees, which deserves our careful reference. The introduction of property tax, in addition to good theory, policy and technical preparation, but also to choose a better time. The practice at home and abroad has proved that system reform and policy discontinuity are the important reasons to aggravate the instability of the real estate market. At present, after the impact of the international financial turmoil in China's macro-economy has not entered a stable development track, in 2009 after the rapid rise in real estate prices in China's real estate market has accumulated a relatively large risk, the ability to withstand the impact of institutional and policy changes is very fragile,　　So 2010 is certainly not the best time to reform the property tax. In the future implementation of property tax, we should pay attention to the smooth transition, step-by-step implementation. We can take commercial real estate as the target and take the first step of implementing the property tax in order to improve fairness and improve the efficiency of taxation without increasing the overall tax burden and not changing the scope of the taxpayer.　　On the basis of gaining experience, we will broaden the tax base gradually and extend the property tax coverage to the housing area. The condition is great: the levy of the property tax has already had many mature practices abroad, I agree more. In the United States, the property tax system and the collection system has been quite complete. This includes an annual assessment of housing prices and a tax rate based on the state's actual situation. In America, for example, property taxes are levied by state. Although the average property tax in the United States is around 2%, the state with a high property rate can reach 6%, while the state with a low property rate is 1%.　　Small states because of less revenue, often property tax rate is relatively high.　　Property Tax: Property tax is also called real estate tax, it is mainly levied on land, housing and other real estate, requires its lessee or owner to pay a certain amount of tax every year, and the tax value should be paid with the increase in its market value. It is estimated that the current land prices and taxes accounted for about 60% of the cost of home purchase. That is, the tax in house prices, including the current property tax, urban real estate tax, land value-added tax and land transfer gold, accounted for a large proportion.　　The so-called "property tax", that is, when the purchase of a house in the collection of fees and charges to the housing stage of the annual collection, that is, the future price will be reduced, but the "housing" costs will increase. News progress Beijing to levy property tax at the end of next year according to the Jinghua Times report, January 26, the city's tax bureau officials in the CPPCC group discussion revealed that Beijing is the first to levy property taxes at the end of next year.　　Tax experts at the panel's discussion predicted that the tax rate for the property tax on social concerns would range from 0.5% to 1%. Municipal Tax Bureau concerned about the head of the state administration of taxation last year, a director of the meeting mentioned the property tax. But because of the current propertyQuality is not fully defined, so levying property tax is by no means an easy task. He explained that the levy on the tax and management of the problem, will be issued by the State administration of taxation, and then carried out by the Beijing government rent.　　As far as he knows, even in the IRS, it has not yet formed an exact levy plan. Even according to the fastest process projections, the IRS and the Ministry of Finance to reach a consensus plan, also need at least half a year, after the program reported to the State Council, the State Council to report approval, but also at least eight or nine months time.　　Therefore, if the Dibon city can levy property tax on commercial real estate next year, it is already the fastest. Hong Yamin, a member of the CPPCC, who participated in a preliminary survey of property tax collection, said there are several options for how the property tax is levied. The basic way is to market value, after discounting a certain proportion of tax. For example, the market price of 20,000 yuan per square meter, you can play 70 percent or 50 percent, to 50 percent to do the base, and then a certain percentage of levy, is expected to be from around 1% levy. Source: Journal of Science and Technology