Study on the Real Estate Tax Optimization and Its Effects Analysis in China

Abstract

With the rapid development of the real estate industry, the current real estate tax system has exposed many shortcomings. To reform the current real estate tax system and establish the real estate tax system suitable for China’s national conditions has become an important element of the tax reform. Based on the necessity of the real estate tax reform, the paper studies the system optimization and its effects analysis of the real estate tax. Firstly, comparatively analyzed the successful experience of the foreign mature market economies and combined with China’s national conditions, this paper proposes the suitable real estate tax system optimization. Then it analyzes the real estate tax’s effects to the various stakeholders in the real estate market and the real estate prices. At last, the paper uses the system dynamics to demonstrate the feasibility of the real estate tax from an empirical point.