News Analysis: Strict land value added tax will help to combat hoarding

⊙ reporter Zhang Xia 0 Editor Heng Road Qing "new Country 10" to land value-added tax liquidation as one of the policies of tax control, followed by all over, in the local rules said to step up the land value-added tax liquidation.　　Why in this round of real estate regulation, the land value added tax liquidation will precede the housing holding link tax, and become the control of the sharp weapon? Experts pointed out that this is mainly determined by the status of the tax system, because the land value-added tax system design is relatively perfect, as long as the strengthening of the collection and management can be, and in the housing sector tax, involving the regulation of the amendment or legislation, from the procedural point of view still need a certain time.　　In addition, the land value-added tax in the regulation should be obvious results. University China Economic Research Group April has called for strict land value-added tax, to curb a new round of property bubble, and pointed out: strict levy of land value-added tax can be to a certain extent to curb real estate enterprises profiteering, play a role in regulating the distribution of income; can effectively control the real estate market investment overheating, reduce real estate enterprises to take the ground impulse　　, raise the risk consciousness of the real estate enterprise, can adjust the structure of the real estate market effectively, guide the real estate Enterprise to increase the ordinary housing supply. The research group believes that the land value-added tax policy requires the enterprises that directly transfer the land to liquidate the land value-added tax in the transaction, if the strict implementation of the liquidation policy, will greatly reduce the land level two market sellers profit space.　　In addition, as a result of hoarding or covering the extra income, the highest to pay 60% of the land value-added tax, plus hoarding or covering the cost of capital and opportunity costs, will likely make developers hoarding land into unprofitable situation.　　Liu Huan, deputy Dean of tax school at the Central University of Finance and Economics, also believes that by increasing the Shengzheng rate of land value-added tax and the timely liquidation, it can narrow the profit margin of real estate developers to a certain extent. Recommendations Zhao Xiao, a professor at university School of Economics and Management, argues that a strict levy on land value-added tax is not necessarily effective in controlling house prices, and that it is necessary to control the excessive price rise of housing prices. Concerns that the land value-added tax could be shifted to consumers ' heads recommendations Zhao Xiao that the land value-added tax is in the real estate project has been sold or at least more than 85% after the sale of the liquidation, so the tax and real estate development links to the business tax and other turnover tax, want to pass on to the consumer's unlikely.