It was mentioned four times in this year.
This is the fourth official mention of "real estate tax" this year.
On March 13, the 14th Five-Year Plan for National Economic and Social Development in People's Republic of China (PRC) and the Outline of Long-term Goals in 2035 were officially released, and the content concerning real estate mentioned that it was necessary to "promote real estate tax legislation, improve the local tax system and gradually expand the local tax management authority".
On April 7th, at the press conference held by the State Council Information Office to implement the outline of the 14th Five-Year Plan and speed up the establishment of a modern fiscal and taxation system, Wang, director of the Department of Taxation and Administration of the Ministry of Finance, said that it is necessary to further improve the individual income tax system that combines comprehensiveness with classification, and actively and steadily promote the legislation and reform of real estate tax.
On May 6th, Liu Kun, Minister of Finance, wrote in Economic Daily that in order to build a new development pattern and promote high-quality development, we must speed up the establishment of a modern fiscal and taxation system. Liu Kun mentioned that the modern tax system should be improved, the direct tax system should be improved, the proportion of direct tax should be gradually increased, the personal income tax system combining comprehensiveness and classification should be further improved, and the real estate tax legislation and reform should be actively and steadily promoted.
On February 65438 last year, Liu Kun wrote in People's Daily that we should actively and steadily push forward the legislation and reform of real estate tax in accordance with the principle of "legislation first, full authorization and step-by-step progress". Establish and improve personal income and property information system.
Not included in the legislative work plan 202 1.
The legislative work of real estate tax has attracted much attention. At present, real estate tax legislation is drafted by the National People's Congress Standing Committee (NPCSC) Budget Working Committee in conjunction with the Ministry of Finance. However, judging from the legislative process, there is still no timetable for real estate tax legislation at least in 202 1 year.
On April 22nd, the National People's Congress Standing Committee (NPCSC) announced the legislative work plan of 202 1. The plan includes amending the anti-monopoly law, company law and enterprise bankruptcy law, and formulating Hainan Free Trade Port Law, Futures Law, Stamp Tax Law, Tariff Law and other tax laws. But the real estate tax legislation is not mentioned.
At present, real estate is still the main property of residents, and the legislative work of real estate tax is particularly touching. Issues such as "when to introduce" and "how to levy" are often hotly debated.
Kang Jia, president of Huaxia New Supply Economics Research Institute, believes that real estate tax cannot be delayed, and it will only be "more and more passive". After levying real estate tax, it can not only reduce the opportunistic style, but also increase the stable source for local finance. Ma Guangyuan, an economist, thinks that 202 1-2025 is the right time to introduce property tax. If we miss this window, it may be difficult to find another opportunity.
Kuang Dawei, a professor at the Business School of Renmin University of China and director of the Urban and Real Estate Research Center of the National Development and Strategy Research Institute, believes that the real estate tax has not been levied because: First, the state is worried that residents' taxes are too heavy; Second, at present, many cities in China still take land finance as their main income, so it is unnecessary and premature to increase real estate tax.
20 1 1 1, Chongqing and Shanghai started the pilot property tax. Among them, Chongqing property tax collection targets include individual-owned single-family villas (whether stock houses or incremental houses), newly purchased high-grade houses by individuals whose house prices are more than twice the local average price, and newly purchased 2 or more houses by individuals without Chongqing household registration, enterprises and jobs. Tax rate is 0.5%~ 1.2%.
In Shanghai, the applicable tax rate is tentatively set at 0.6% for the newly purchased houses of local residents' families, which belong to the second and above houses of residents' families, and the newly purchased houses of non-local residents' families with per capita living area exceeding 60 square meters.
But property tax and real estate tax are not the same concept. Real estate tax is a comprehensive concept, which refers to all taxes directly related to the process of real estate economic movement. In China, it includes real estate value-added tax, enterprise income tax, personal income tax, property tax, urban land use tax, urban real estate tax, stamp duty, land value-added tax, investment direction adjustment tax, deed tax, farmland occupation tax and so on. Real estate tax is a kind of property tax levied on property owners according to the taxable residual value or rental income of houses.
In 2020, Konka called on Hainan and Shenzhen to introduce a higher level of real estate tax reform. Konka believes that if Hainan wants to build the world's largest free trade port area and realize investment facilitation and trade liberalization, the internal supporting reform logic must match the real estate tax system. If it is still regulated according to the mode of purchase restriction, it is actually impossible to explain to the world. Shenzhen should be at the forefront of China's reform if it wants to build Socialism with Chinese characteristics market economy experimental demonstration zone. Without this reform, it may not be called a pilot demonstration area.
It is difficult to legislate on real estate tax.
How to collect the real estate tax? There is no relatively clear path at present.
Konka said that the difficulty in implementing real estate tax in China is that it cannot simply copy international experience. In international experience, from autonomous towns with thousands of people to municipalities with tens of millions of people, real estate tax has become a clear and stable source of income, and the information registration of real estate is very clear. But in China, how does the real estate tax start from scratch? Konka believes that at the beginning of legislation, it is necessary to grant tax allowances according to family size. But how to identify the number of families, especially when the family population changes.
The situation is good. As a new tax type, whether or not to levy real estate tax and how to levy it is a complex systematic project, which involves the reform of our tax system. In the future, real estate tax may be levied first in cities with high degree of urbanization and exhausted land revenue of local governments.
Shi, director of the Finance and Taxation Research Center of China University of Political Science and Law, said in an interview with CBN that levying real estate tax will have an impact on housing prices, which in turn will affect people's property. Moreover, it is difficult to directly tax individuals, so it is difficult to legislate on real estate tax. The expression of real estate tax legislation has changed from "accelerating" in previous years to "steadily or steadily advancing" in recent years. The Tenth Five-Year Plan once again mentioned "promoting real estate tax" legislation, indicating that legislation needs to be steadily promoted according to specific conditions, but did not mention levying.
Original title: What signal? The pilot symposium on real estate tax reform was held! It was mentioned four times during the year and was not included in the annual legislative work plan.