The first half of land value-added tax increased 97.4%

Source: Internet
Author: User
Commercial News (reporter Dingkaiyan) the role of strengthening land value-added tax liquidation has emerged, the Ministry of Finance released data show that the first half of the national land value-added tax revenue 62.97 billion yuan, an increase of 97.4%.  Relevant experts pointed out that the land value-added tax revenue increase shows that the first half of the land volume is still active, but affected by the property market regulation, the end of this year or early next year, land value-added tax revenue may fall. "Land transactions and the increase in liquidation, the previous few years did not turn in timely land value-added tax paid, so that the first half of the tax revenue increased."  Kelly, deputy director of the Department of Finance and Commerce of the Chinese Academy of Social Sciences.  Regulation and control policy fell to the ground, the property market into a "deadlock", local governments did not sell land, triggered a lack of land value-added tax on the power of the question. "From the current situation, the introduction of the real estate regulation policy this year is to put the relevant work in place, there is no power shortage problem."  Kelly said that this year, the increase in the volume of housing construction land, to a certain extent, to make up for the regulation caused by the decline in turnover. "But because of the difference in tax rates and the tightening of bank lending policies for real estate developers, the combination of factors is likely to result in a reduction in land value-added tax revenues by the end of this year or early next." "Kelly thinks.

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