In the final analysis, there are two reasons: on the one hand, in the face of high or even rising housing prices year by year, hundreds of millions of people can only hope that the introduction of property tax will completely "knock down" high housing prices; On the other hand, property tax is a tax on house ownership, which means that multiple suites have to bear a heavy burden. The latest report of the central bank shows that the housing ownership rate of urban residents in China is as high as 96%, which means that if the property tax is levied in an all-round way, everyone may not escape the fate of being taxed.
There is no suspense about whether the property tax should be levied. As early as three years ago, when talking about the property tax, the senior officials of the Ministry of Finance made it clear that in the future, the legislation and implementation of the real estate tax should be promoted in accordance with the principle of "legislation first, full authorization, and step by step". With the final decision of the Ministry of Finance, all the noise of "opposing the collection of real estate tax" was immediately eliminated. It is inevitable to levy real estate tax in the future, and the only uncertainty is when it will be introduced.
/kloc-in the past 0/0 years, there has always been news that "property tax is about to be levied", but it has always been "only listening to the sound of stairs, no one coming down". Up to now, only two cities in China, Chongqing and Shanghai, have piloted property tax collection on a small scale. However, the real estate tax seems to be an important weapon to "intimidate" real estate speculators-every time the property market is hot, the media always likes to quote the real estate tax to cool down the overheated property market. Facts have proved that the effect is also very good: every time the news that "property tax is about to be levied" comes out, the property market will trigger "panic selling", followed by obvious cooling. To sum up, the role of property tax "shock first and then introduce" has been achieved.
The central media issued a document, is the property tax really coming?
On June 28th165438+1October 28th, faced with the "new speculation craze" in some first-and second-tier hot cities, especially in Shenzhen and Hangzhou, there were reports of "new speculation arbitrage" and "real estate speculation on behalf of others", as well as the "ten thousand people grabbing houses" craze triggered by "buying a house to earn five million yuan". Among them, it is clearly suggested to levy real estate tax as soon as possible to curb the "new speculation" in the property market-besides increasing supply and limiting the price of new houses, there are still many things to be done in the regulation of the property market, such as paying more attention to the flow of houses, strengthening the regulation of holding links, and making tax leverage play a greater role. It may be effective to establish a scientific and reasonable real estate tax system and curb investment speculation through market-oriented means.
For a time, the news about "real estate tax is really coming" is flying all over the sky. However, it turns out that this is another false fabrication: Shenzhen has not introduced property tax, and other cities in the country have no intention of introducing it. The Shenzhen Municipal Taxation Bureau posted a message on the official account of WeChat: The news is purely a rumor, please don't believe the rumor.
Although Xinhua, the central media, issued a document in favor of hot cities to crack down on investment speculation and stabilize the fiery property market by levying real estate tax, the proposal is ultimately a suggestion and does not represent the final result. So once again, "the property tax is coming" has become the self-hype of some media, which is simply unrealistic.
However, Konka, president of Huaxia Institute of New Supply Economics, published an article saying that the rumor of "Shenzhen levying real estate tax" is really worthy of consideration by relevant decision-making and management departments in the spirit of reform and innovation. This means that this proposal is worthy of consideration by the relevant departments. In other words, the real estate tax can be put on the agenda.
Although there is no clear timetable for the introduction of property tax, it is generally believed in the industry that there is a greater probability of introducing property tax during the 14 th Five-Year Plan period.
Ma Guangyuan, an independent economist, bluntly said, "I think the 14th Five-Year Plan period may be the best time to introduce real estate tax. Once you miss this opportunity, it may be difficult to find the time window for its introduction in the future. " He gave four bases: 1, and the draft of national planning proposal talked about improving the local tax and direct tax system, including real estate tax of course; 2. Land finance is difficult to sustain in the future, and levying real estate tax can supplement an important source of local fiscal revenue; 3. With the improvement of real estate-related information, the basic conditions for levying property tax on the family's "third house" have matured; 4. To implement the basic principle of "no real estate speculation", property tax is one of the important means, especially in public opinion.
In addition, everyone is generally concerned about how to collect property tax in the future. Such as the object of taxation and the establishment of tax base. In fact, many experts have expressed their personal views before.
Meng Xiaosu, known as the "father of real estate in China", believes that property tax should be levied in three steps: 1, and property tax should be levied on all urban houses; 2. levy when you see the house, and retreat when you see the certificate. The certificate mentioned here is the real estate license, which is the proof of tax payment; 3. Property tax is levied from small property houses, and the tax rate can be higher. The reason is that the price of small property houses is relatively cheap and the land transfer fee has not been paid.
According to the Urban Economic Observer, in mid-February, 12, Huang also expressed his views on levying property tax. He bluntly said that the best way to reduce housing prices is to collect taxes, real estate taxes, and tax people who have multiple houses. There are dozens and hundreds of suites in China. However, he also stressed that the threshold and exemption areas must be well grasped. Levying property tax can curb speculation to a certain extent. According to the laws of economics, if the general property tax exceeds 3%, no one will speculate in real estate. Because the capital cost of real estate speculation is about 6%, the property fee is about 1% per year, and the holding cost is about 10% per year. With such a high holding cost, even if the house price doubles in the next seven years, there is no profit margin.
Important signal: The Ministry of Finance has confirmed that all "like this" will be levied in the future.
However, the most important signal comes from the Ministry of Finance. In mid-June this year 165438+ 10, Minister of Finance Liu Kun wrote "Establishing a Modern Fiscal and Tax System", detailing the tasks of fiscal and tax reform during the Tenth Five-Year Plan period. Among them, when talking about further improving the modern tax system, it is mentioned that the future property tax will be levied in this way-in accordance with the principle of "legislation first, full authorization and step-by-step implementation", the legislation and reform of real estate tax will be actively and steadily promoted. Property tax is levied on industrial and commercial real estate and individual housing according to the assessed value.
How to understand the policy of "legislation first, full authorization and step-by-step implementation"? First, under the implementation of the statutory principle of taxation, it is a general consensus that real estate tax legislation comes first; The second is the authorization of the central government. After all, property tax is a local tax. The implementation of this policy is similar to that of the United States, and each state sets the collection time and tax rate according to the situation. 3. It is impossible to collect all of them across the board, and the future will vary from city to city. It is most likely to adopt the strategy of first going from cities to towns, first from citizens to farmers, first from enterprises to individuals and then gradually implementing them.
As for the taxation method that hundreds of millions of people are most concerned about, the Ministry of Finance has also clearly revealed that real estate tax is levied on industrial and commercial real estate and personal housing according to the assessed value. The meaning is clear. Taxation is not based on the original price of the house at the time of purchase, but on the market evaluation value. This obviously takes into account the future fluctuations in housing prices. If you buy it at the original price, the result will definitely be very different. You know, many people who bought a house in the early days, the cost of buying a house is extremely low. 10 years ago, buying a house in Beijing cost only one million yuan, but now many houses outside the Sixth Ring Road cost five or six million yuan. Therefore, it is the most reasonable way to tax according to the annual market evaluation value.
Although the tax rate is not explicitly mentioned, according to the information disclosed by Huang, we believe that the future property tax rate may fluctuate, and the range of 0.5%-3% is very likely. According to the tax rate of 2%, a house with a price of100000 has to pay a tax of 200000 a year, and the pressure of housing holding cost is not small. In fact, this is what the real estate speculators fear most.
Source: The property market is very strange.