There is no necessary connection between property tax and regulation of the real estate market, which needs to be promoted in two or three years
there is no necessary connection between property tax and regulation of the real estate market, which needs to be promoted in two or three years
August 13, 2014
[China coated pressure plate information] starting from the expansion of "replacing business tax with value-added tax", the constantly promoted fiscal and tax reform is closely related to people's lives. Liushangxi, deputy director of the Institute of financial Sciences of the Ministry of finance, answered China's questions about property tax. 6. First connect the digital universal experimental machine to the power supply. When asked by the financial channel, he said that the introduction of property tax has no inevitable connection with the real estate market and cannot be used as a tool to regulate the real estate market
previously, the Political Bureau of the CPC Central Committee held a meeting to clarify that the new round of fiscal and tax system reform will basically complete the key work and tasks in 2016. Under the background of increasing downward pressure on the real estate market as a whole and the cancellation of purchase restrictions in some cities, it is of great concern whether the real estate tax reform will continue to be promoted
"it is still too early to levy the real estate tax at present, and it needs to be promoted by the legislation of the National People's Congress",
Liu Shangxi said that one of the prerequisites for accelerating the promotion of the real estate tax is legislation. "Legislation is a very complex process, which takes at least two to three years, and it requires the introduction of the entire real estate tax law."
it is reported that the real estate tax has been piloted since January 28, 2011. At present, it has been three years, and it only stays in Chongqing and Shanghai, the two initial pilot cities. Many ministries and commissions have made it clear that they will promote the "real estate registration regulations", and the promotion of the regulations is also considered to be conducive to the collection of property tax
however, at present, the popularity of the real estate market is declining, and the introduction of the real estate tax is also facing the question of whether it will be postponed. In this regard, Liu Shangxi said frankly: "the introduction of the property tax has no inevitable connection with the real estate market. If the two are regarded as a connection, it is troublesome to regard the property tax as a tool to regulate the real estate market."
"in fact, don't regard the property tax as a tool to regulate real estate." Liu Shangxi said, "we should see more about the improvement of the local tax system and the construction of the tax system, and we should consider it from this perspective."
for the new round of fiscal and tax reform, Liu Shangxi defined one cold rolling production line at a time; A cold finish rolling production line will be built in phase 2: "the overall tax reform will first promote the replacement of business tax with value-added tax, followed by consumption tax and resource tax; the next step is to gradually promote the reform of environmental protection tax, real estate tax and personal income tax."