Our government has made regulation recently, the Third Plenary Section of the 16th Party Central Committee held on October 2003,announces : Reform taxes and fees in cities and towns’ construction, condition levy and unify the normal Property Tax on real estate when possessing.
Currently apartments price in our country remains so high ,the funds pressure of the real estate company is heavily, the public finance system is dangerous ,the real estate system is not reasonable, all kinds of these conditions request the property tax reformation ,only reformation may resolve these problems. Extensive investigation to conclude the summary experience in all countries, combining the actual circumstance of our country to carry on the reformation, putting forward further understanding of the property tax, our country' s financial and tax system structural reform could benefit a lot. Lastly, it suggests the construction of the property system. It points out the principle of our property tax system .
This text has value on reforming China real estate tax system, improves our local income , and helps distribute social resources more fairly.