Real estate tax levy wind up the property market regulation the biggest suspense sparked controversy

Source: Internet
Author: User
Keywords Property market property tax wind
Tags cost finance home purchase it is link local market market regulation
The idea of tax experts is to levy taxes on the housing sector, will increase the ownership cost of the house, can accurately combat speculative home purchase, is effective to curb the soaring price of a sword in the Shanghai local property market regulation rules of the biggest mystery will be announced recently, including a much-noticed property tax collection link. Can 0.8% of property taxes break the current impasse? What challenges does Shanghai's testing face?  Some finance and taxation experts point out that the tax on the housing sector, will increase the cost of property speculation, can accurately combat speculative home purchase, is effectively curb the soaring price of a sword. Ministry of Finance Science Institute director Kang said, so do buyers will be more to consider the purchase of small huxing, speculation will be more convergence, the original Fry seven sets of eight sets, may be reduced to three sets of five sets. While a tax on tenure does not solve all the problems, it will increase the risk expectations of the property speculators and, once this expectation increases, their behavior will converge.  This policy effect is positive and worth looking forward to. However, there are also objections that the effect may be limited.  The view of these people is that house prices have soared, compounded by various domestic and international factors, such as capital and anticipation, which cannot be effectively solved by taxation alone, whether it is a tax on the holding of links or a tax on the trading sector. However, these experts also admitted that whether the tax burden ultimately passed on to homebuyers, depends on the market supply and demand relationship.  At present this kind of wait-and-see state, although the seller may pass on partial tax burden, but will increase its hype cost, to the mentality and behavior of the speculators influence, force those who hold many sets of housing "spit out" a part of the house, expand the supply of housing, curb the price rises. The Ministry of Finance Science Institute Liu Shangxi pointed out that, according to the truth, in the State Council did not amend the "real estate tax interim", Shanghai is not authorized to expand the scope of property tax levy. If the expansion of the scope of property tax is bound to increase the burden of ordinary families, it is necessary to reduce the personal income tax and other taxes. This involves the adjustment of a series of supporting systems, which will take some time. However, it is understood that the scope of the tax may only involve new housing purchases, the housing has been purchased only as a basis for statistics, which may not involve this issue. (Yang Guang Xin)
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