Housing Ministry officials: it is difficult to introduce property tax in the short term

Source: Internet
Author: User
Keywords Real estate China right to use China
Tags .net finance financial hard it is market media net
Wang Huilin, deputy director of the Center for Policy Research at the Ministry of Housing and Urban and rural construction, it is very difficult for China to implement the Western property tax model "Caixin net" (Comprehensive media report) in the short term, Wang Lin, deputy director of housing and Urban and rural construction Policy Research Center, said May 5, although the property tax is a good measure to manage the real estate industry,  But it is hard to push Western property tax patterns across the country in the short term.  The Wall Street Journal Chinese web site reported the news, but did not show the specific circumstances in which Wang's comments were made and the specific basis for its judgment.  A day earlier, Jihwai Ban, deputy director of the financial and financial Department of the State Council, and director of the Finance Science Institute of the Ministry of Finance, Kang, respectively, through the Xinhua news agency and the People's Daily (edition), called for a step-by-step and progressive tax on property tenure.  Kang made it clear that there are no hard barriers to property tax, and that the required property rights registration and protection, tax base assessment, information management and communication, tax collection and management, as well as personnel training, evaluation software and the collection and administration of various aspects of the professional strength and conditions, have been available. Kang further refuted the view that "land transfer and property tax are repeated expropriation, there are legal obstacles". He explained that the nature of the land transfer is the price of land use rights, that is, by virtue of the owner of the use of the holder of the government rent charge, and property tax, which is the nature of the real estate in the link to the holder of the right to pay the legal tax burden, the charge is the social  The two can be matched and compatible, and there is no such thing as insurmountable "legal obstacles" and "repeated expropriation". Wang Huilin Yesterday at the 2010 China Real Estate Summit and the "real Estate Blue Book" conference, said that the current real estate market and housing prices have been separated from the essence of the market, away from more consumers, away from China to establish the final goal of this reform and system,  It is even easy to produce financial and economic crises and social disharmony, so it must be regulated.  He predicted that the 2010 real estate market will be in the adjustment of development, and warned that we do not have phased regulation of the expectations, the State Council under a lot of determination, control effect does not come out certainly not, the market is not stable, regulation will not relax. As housing prices continue to soar, people are looking forward to the introduction of property taxes. Property tax also known as property taxes or real estate tax, mainly for land, housing and other real estate levy a certain amount of tax.  Since 2006, there have been two batches of 10 cities in China to carry out a real estate simulation assessment of the pilot work, that is, property tax "idling" pilot. According to the current legislation law, the new tax for real estate should be enacted by the National People's Congress.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.