Land Price Is Included In The Original Value Of Real Estate And Property Tax Is Collected.

The State Administration of Taxation recently issued the notice on the policy of resettlement of urban land use tax for employment units for disabled persons, and clarified the related issues such as land use tax and property tax, and the cost of land was included in the original value of real estate.

Land use tax real estate tax clear

It is reported that the State Administration of Taxation has made it clear in the notice that the original value of real estate should include land price, including the cost paid for land acquisition, the cost of land development, and so on.

If the plot ratio is less than 0.5, the land area shall be calculated according to the 2 times of the real estate construction area and the land price that is included in the original value of the house shall be determined accordingly.

With regard to the issue of property tax exemption from rental property during the rental period, the notice stipulates that

Or paving the way for new property taxes.

Real estate experts believe that the policy is to amend the old property tax regulations, or to pave the way for new property taxes.

Shen Ruipei said that this policy clearly defined the original value of the real estate tax. According to the accounting system, "the original value of the property recorded in the book" fixed assets "should include all kinds of ancillary facilities that are inseparable from the housing, or the supporting facilities that generally calculate not only the value, such as elevators, elevators, electric light networks, water pipes, gas appliances, heating equipment, sanitary equipment and ventilation equipment.

But there is no clear land price issue, which will cause leakage. Now land price has become the most important value of real estate, so the relevant regulations need to be amended.

"But this law should be a revision of the old property tax regulations, or it may pave the way for new property taxes.

The new property tax should be assessed by valuation, because the appreciation of the property will not necessarily consider the original value of the property.

He further thought.

Real estate expert Yu Haiwen said that the rise in house prices is not the price of the buildings themselves, but the price of the land that the housing belongs to.

If the property tax is collected according to the real estate appraisal value, the property tax is mainly for the land, but the land ownership is the state.

Therefore, if the property tax (property tax) is collected according to the market price, the state is the real main taxpayer, and the real burden on the owner of the house is only the tax burden on the valuation part of the building after deducting depreciation.

The seemingly absurd conclusion is precisely the result of separating the ownership of the land from the ownership of the building artificially.