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    Property Tax Will Be Fully Implemented After The Third Plenary Session.

    2013/11/11 20:53:00 17

    The Third Plenary Session Of The 18Th CPC Central CommitteeProperty TaxFinance And Economics

    The personage revealed that Third Plenary Session Eve, Beijing (real estate) and Shanghai (real estate) have increased the real estate control measures. But all of these characteristics will be transformed into a long-term mechanism of real estate regulation. The comprehensive levy of property tax is a very important part. After the third plenary session, the property tax will be expanded. It will not only expand the number of cities, but also expand the scope of levy, such as the increment and stock collection at the same time, such as raising the tax rate.


    According to domestic media reports, as early as May 24th, The State Council After the approval of the national development and Reform Commission's "opinions on deepening the reform of the economic system in 2013", it explicitly called for expanding the scope of the pilot reform of individual housing and property taxes. The national development and Reform Commission also revealed that the property tax extension will have specific actions this year.


    At the same time, the information is also confirmed by overseas media and international investment banks. Morgan, vice chairman of Asia Pacific region, JP Li Jing, on November 8th, attended the lunch meeting of the American Chamber of Commerce, pointing out that since China's economic growth has slowed down, the Third Plenary Session of the 9 session will launch a series of reform measures to rebalance the economic development. Among them, because of the rapid growth of housing prices in the first tier cities, the central authorities are likely to expand the real estate tax cities in the next few quarters and extend them to the whole country in the next two to three years. "However, the central government will continue to support the development of rigid demand buildings at the same time." Li Jing emphasized.


    In the past month, Xi Jinping, Liu He and the director of the development and research center of the State Council, Li Wei, who have been popular in the "383" program, have clearly stated the real estate tax: actively promoting the construction of local main taxes mainly based on real estate tax and consumption tax; speeding up the establishment of the real estate registration system; expanding the pilot scale of the real estate tax, and improving the relevant system as soon as possible.


    Since the "Xi Li" group has been in office for over a year, it has been keeping silent about the real estate regulation until the eve of the third plenary session. In October 29th, the tenth member of the Central Political Bureau's collective learning was a real estate expert. Xi Jinping declared that China needs to build a housing supply system based on the government to provide basic protection and market oriented to meet multi-level needs. We should improve land policy and fiscal policy, adhere to the direction of market-oriented reform, and meet the needs of multi-level housing.


    This clear signal has been interpreted by the industry as a long-term mechanism for real estate regulation. Over the past more than 10 years, temporary control measures have been adopted to control lending and purchase.


    Back to the "383" plan, the land reform described in it. Finance and tax Reform, financial reform and so on are all interpreted by the industry as an integral part of the long-term mechanism for regulating the property market. The real estate tax in the reform of Finance and taxation is also an important part. Gu Yunchang, vice president of the China real estate and Housing Research Association, told Xinhua News Agency reporters that building a long-term mechanism with reform as the core will give greater play to the fundamental role of the market in resource allocation. In an interview with the media, Chen Huai, former director of the policy research center of the Ministry of housing and urban rural development, also said that the long-term mechanism is to give full play to the leading role of the market mechanism resource allocation, to make the supply and demand relationship form the mechanism of self-regulation; it is a mechanism that constantly promotes social equity and ensures the maximum satisfaction of diverse, diverse and multi-level housing needs and the realization of living and housing.


    But just like forcing the reform to stagnate or even regress in the past ten years, vested interest groups have begun to levy. Property tax The resistance is still strong. Yang Zhiyong, a researcher at the Chinese Academy of Social Sciences and director of the financial research office, said that the possibility of universal levy of property tax after the third plenary session is unlikely because there are still many problems to be solved. At the ninth annual meeting of real estate finance, Ren Zhiqiang, the "cannon", is a "false proposition". It is a "false proposition" because many technical aspects have not been clearly discussed. Ren Zhiqiang even claimed that property tax and inheritance tax would not be levied.

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