IRS officials: real estate tax deepening time or in the end

State Administration of policies and Regulations Department inspector Cong Ming yesterday in the “ the fifth Chinese Enterprises Tax Management Innovation Conference ” on the next step will be to expand the pilot scope, and gradually establish a real estate tax system, real estate tax will deepen the time may end or early next year.

Cong Ming stressed, property tax and real estate tax is different, we must distinguish between concepts, we need to pay special attention to. Property tax is to strengthen the regulation and control of the real estate market, by paying the tax cost to curb speculative investment in real estate, but the real estate tax is not to control. 

Cong Ming, the Shanghai real estate tax tax basis is taxable housing real estate market prices to determine the assessment reference value. Chongqing tax basis is real estate transaction price. If according to the original value of collection is a property tax, if according to the assessment of the value of the collection is a real estate tax assessment value included in the price. & ldquo; the Shanghai and Chongqing has been carried out the pilot property tax, the next step will be two pronged approach, including further expand the pilot, and gradually establish a real estate tax system, the goal is to destroy the property tax, real estate tax. ” Cong ming. 

Cong Ming said that even if the tax is reasonable, but if you increase the burden, the government will be very cautious. He is expected to deepen the real estate tax may be in the end of the year or next year, and will eventually be implemented in the country.               it is understood that last year the central economic work conference proposed to promote the real estate tax reform. "The opinions on deepening the reform of economic system in 2012.". And real estate tax in the & ldquo; Twelfth Five Year Plan & rdquo; planning, planning clearly & ldquo; to promote the study of the real estate tax reform & rdquo.