Hong Kong media: to stabilize high property tax or the introduction of the year

Source: Internet
Author: User
Keywords Property tax high prices issued
BEIJING, July 21, after tightening two sets of mortgage, the central or will be another "killer" to stabilize high prices. Sources said that the State administration of taxation is planning 2010 years ago to introduce a property tax operational plan, integration of existing land, housing and other related taxes, but the temporary will not be included in the property tax scope, all income is still local finance.  Liu Huan, deputy dean of Taxation College, Central University of Finance and Economics, said that the property tax "real turn" has no major obstacles, once launched, the material will take the lead in commercial real estate implementation.  According to the report of the Hong Kong Grand Bulletin, in fact, as early as the May State Council published "on the deepening of the reform of the economic system in 2009 views," including "deepen the real estate tax reform, study the introduction of property tax" content, and requested by the Ministry of Finance, the general administration of taxation, Liu Huan said that the current rapid rise in house prices is mainly driven by investment demand, and the introduction of property tax in the long run can increase the cost of property owners.  However, he pointed out that because the levy of property tax will give the market a property tax on the expectation, which will encourage some investors to release some of the housing prices to push down the property market. For the specific scheme of property tax levy, Liu Huan expects that the state will first levy the property tax of commercial real estate. The current "idling" mode is basically a property tax instead of the existing real estate tax and land use tax, after the levy can be translated into the tax, do not increase the burden on enterprises.  Then, gradually to "mansion" Levy, the last will be levied on ordinary homes. In the design of tax rates, Liu Huan said the basic idea of the property tax system is the elastic tax system, which will be divided into two types of residential and investment, the first housing for the individual will be tax-free, and for individuals with two or more dwellings, the state will tax them according to the number of houses they own. However, Liu Huan frankly, the current personal ownership of housing information is not very full, especially in the home buyers information has not been networked, the number of places to buy a temporary difficult statistics, so the short-term residential property tax is not expected to be implemented.
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