Research on the Settlement of Land Value Added Tax in J Real Estate Company

Abstract

In recent years, with the recovery of the real estate market economy, China's housing prices have been consistently high, partly due to the impact of supply and demand, and partly due to the high tax costs of real estate in China. When it comes to the cost of real estate tax in our country, we have to mention the tax type that accounts for a large proportion: land value-added tax. The collection of land value-added tax in China adopts a "liquidation system". However, due to certain deficiencies in the land value-added tax system and incomplete related systems, complex collection methods for land value-added tax liquidation, unclear tax elements, and great difficulty, the internal management of real estate enterprises often cannot fully grasp the key points and difficulties of land value-added tax liquidation, which greatly increases the risk of land value-added tax involvement in real estate enterprises. On the basis of clarifying the development context of land value-added tax, combined with the actual situation of land value-added tax liquidation of J Real Estate Company and the analysis of the land value-added tax liquidation process, it is found that the problems of J Real Estate Company include lack of attention to land value-added tax liquidation, lack of financial daily management, and insufficient utilization of land value-added tax liquidation benefits. Through summarizing and researching relevant issues, it is proposed that J Real Estate Company should always pay attention to policy changes, place financial and tax personnel at the forefront of project development, and strengthen daily financial management. On the basis of studying the theory of land value-added tax liquidation and combining with practical liquidation cases, this article considers and studies how Chinese real estate enterprises should respond to the tax risks of land value-added tax. The aim is to encourage Chinese real estate enterprises to actively explore strategies to improve their ability to resist tax risks and methods to enhance their internal management capabilities of land value-added tax, help real estate enterprises control tax costs, and ultimately promote the healthy and rapid development of real estate enterprises.