Experts say property tax levy will not advance

Source: Internet
Author: User
Keywords Treasury
Tags administration business development development and reform commission finance forum it is national development
Gang, a researcher at the Treasury Department's Finance bureau in Beijing, said last week that the new perspective of the Economist's monthly forum revealed that China does not currently have the conditions to levy a property tax. In an interview with this reporter, he said that the original property tax and tax system research is mainly the Ministry of Finance and the State administration of taxation two are doing, and now has increased the national Development and Reform Commission and the Ministry of Housing construction.  The addition of these two units may have a certain impact on the initial arrangements of the property tax, but will not advance the timing of the introduction of the property tax. If it is to be introduced in the short term, it must be a minimalist approach, that is, to levy some tax on the real estate of operating income units and individuals, which is not fundamentally different from the present practice, but to adjust the tax basis.  Gang stressed. He pointed out that China's current tax targets are mainly enterprises, or some of the tax on individuals, through the payment or other covert methods, so that individuals in the purchase of goods, inadvertently put the tax.  If the property tax is to be levied, it must be a direct face, which is very difficult for Chinese people who have no direct tax habit or consciousness. "In addition, property tax is a local taxation and the situation varies widely." The tax system needs to be passed by the NPC, and the design of the tax system is quite complicated, taking all these into consideration, it will take a long time to determine. "In gang's view, the possibility of levying a property tax in a short time is slim." "The announcement of May 25 on deepening the work of the reform of the economic restructuring of the forty or fifty items, including the reform of the tax system has six, so the national Development and Reform Commission to study the levy of property tax is only a general arrangement of reform, and will not disrupt the process of the original study." "Based on the above analysis, gang that the current government will not because of a person's momentary impatience to launch a new thing, and many tax reform, whether it is the transformation of value-added tax, or enterprise income tax merger, research for more than 10 years, finally can come up with a plan. Now that the study on the levy of property tax has not been introduced for 35 years, the basic scheme may not be able to be taken out.
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