Pushing forward the reform of real estate tax to include the tax system reform

Xinhua Beijing, May 31 (Xinhua Han Jie Rosen) The Chinese government 31st announced the State Council forwards the development and Reform Commission on the 2010 to deepen economic restructuring of the notice of key work, the "gradual promotion of real estate tax reform" in this year to deepen the financial reform of the key content.　　The property tax is a tax levied on the property owner, according to the tax balance of the property or the rental income obtained by the leased property. In our country, the property tax is not a new tax, and the reform of the property tax has a long history.　　However, in recent days, with soaring housing prices, the market is regarded as the "killer" property tax reform is still in the forefront.　　Some authoritative experts 31st in an interview with reporters that from the beginning of April this year, the Ministry of Finance will "improve the real estate tax system" into its 2010 work points, to the development and Reform Commission in its annual economic reform focus of the "gradual promotion of property tax reform", showing the government to promote the reform of the real estate tax firm determination. However, experts also said that to correctly understand the current reform of the purpose and significance of real estate tax.　　As an important part of deepening the reform of fiscal and taxation system in China, the main purpose of property tax reform is not to regulate the real estate market. The core objective of the reform of the property tax system is fair market competition and the adjustment of income distribution.　　"Gao Peiyong, deputy director of the Academy of Social Sciences and Finance, told reporters that because our country has no property tax, property taxes are more as a means of regulating the gap between rich and poor." Bai Jingming, deputy director of the Treasury Department of Finance, also pointed out that the current market for real estate tax reform is mainly to emphasize the property tax to curb speculation, curb the rapid rise in housing prices, but the property tax also has to adjust the income distribution and improve the local tax system function. Property tax first appeared in China in the last century in the 50 's.　　The original AC in 1950 promulgated the "National tax implementation of the" provisions of the levy of real estate tax, 1951 AC announced the "People's Republic of China urban real estate tax interim", the property tax into urban real estate tax. In the 80 's, in view of the urban land belongs to the state, the user does not have land ownership, the city's real estate tax is divided into property taxes and urban tax two tax, and in 1986 promulgated the "People's Republic of China property tax interim regulations."　　At the same time, the urban real estate tax remains, continue to levy on foreign-funded enterprises, foreign enterprises, foreign individuals, until January 1, 2009, our country announced the abolition of the "PRC urban real Estate tax interim regulations" repealed, domestic and foreign enterprises and individuals to levy a unified property tax. Bai Jingming that the current property tax regulations in China is a temporary framework, the real estate tax reform is a gradual process, the next step is based on the development of market economy to improve the tax system of real estate, on the other hand, with the reform of the fiscal and taxation system to deepen the continuous improvement of property tax tax　　and adjust the real estate tax system according to the change pattern of income distribution. According to China's current temporary housing tax interim regulations, in cities, counties, formed towns and industrial areas have property rights units and individuals areTaxpayers, but the regulations also stipulate that all private premises of an individual are exempt from the property tax.　　Analysts pointed out that from the perspective of perfecting the tax system, the expansion of the tax scope of real estate taxes represents the future direction of reform, but to promote the reform of the current needs of personal housing information collection, real estate evaluation and specific collection links and other technical aspects of the problem. Gao Peiyong points out that the current reform of the property tax should focus on the adjustment of tax basis within the existing tax range. At present, the property tax in our country is based on the tax value of the property or the rental income.　　Among them, according to the tax value of property tax, mainly in accordance with the original value of real estate deducted from 10% to 30% after the calculation of the residual value of payment. Gao Peiyong that the reform should be based on the original value of real estate to the value of the assessment, that is, market capitalisation tax, so as to better play the property tax to regulate the gap between the rich and the poor role.　　It is reported that at present, China has begun to deploy the relevant reform pilot in Hunan and Hubei provinces. In addition, Bai Jingming pointed out that, because the property cannot move, the tax base is fixed, our country as well as most countries, the region has the real estate tax as the local taxes.　　With the continuous improvement of the property tax system, the future expansion of the property tax will not only help stabilize the real estate market, but also improve the local tax system to a certain extent, so that the property tax becomes an important and stable source of the local government. The current temporary housing tax Interim regulations clearly stipulates that the property tax in the location of the housing payment.　　At present, the property tax rate in China is 1.2%, the property tax rate is 12% according to the rental income, in which the tax rate of units and individual rental housing is reduced to 4%. The Ministry of Finance Statistics shows that 2008 China's real estate tax income of 68.04 billion yuan, 2009 real estate tax income of 80.364 billion yuan.