Author(s)

Hou Jinduo

Corresponding Author

Hou Jinduo

Abstract

Since the 19th National Congress, the improvement and promotion of property tax legislation have become one of the core contents of the tax reform. As a property tax, property tax is also a stock tax; unlike flow taxes, it will inevitably affect residents' willingness to consume. With the impact of the reform of the “business tax changed to VAT” on local fiscal revenue, and the slowdown in economic growth and downward pressure have become the primary problems facing local governments, the introduction of property tax not only contributes to the construction of local tax systems but also gradually increase the proportion of direct taxes . As far as the domestic situation is concerned, it is not necessary to clarify the legislative purpose and functional orientation of the property tax. It is clear that the property tax should be based on the adjustment of income distribution as a core function, taking into account the tasks of raising fiscal revenue, promote social equity, clearly regulating the boundaries of functions, and adjusting the collection scope of the property tax. This paper considers the collection and management costs and tax compliance from the perspective of tax administration and concludes that the real estate registration is completed. We should promote the property housing approval gradually, and carry out the real estate evaluation committee. The tax rate should be based on progressive tax rates, and income and expenditure are closely related.

Keywords

Housing property tax, Property tax, Tax reform