State Administration of Taxation: coordination of real estate transactions and tax policy

2018 12 06 April 15:02 source: 138479.xyz - financial channel
 

138479.xyz Beijing in December 6, according to the State Administration of Taxation official website news, the national tax administration reply CPPCC proposal pointed out that in the real estate tax system and relevant legislation in the process of reform, coordination of real estate transactions and tax policy, play the function of Taxation in order to reduce the industrial land idle, service transformation and upgrading of the real economy create a favorable tax environment.

The full text is as follows:

On the thirteen CPPCC National Committee meeting for the first time No. 3233rd (resources and environment No. 158) reply to the proposal letter

You put "on the inventory of low utility to support the real economy development proposal" has been received, the answers are as follows:

The land and labor, capital, technology and so on, is an important production factor, the shortage of land resources is an important factor restricting the economic development of our country, you have put forward to promote inefficient industrial land use, support the development of the real economy that has a strong practical significance.

At present, the industrial land transfer process mainly involves the value-added tax, corporate income tax, land tax, deed tax, stamp duty and other taxes. The tax levy, tax rate design, the object of Taxation and the tax basis is different, focus on real estate transactions constitute a complete tax system. Whether it is industrial land transfer or other transfer of real estate shall pay the relevant taxes in accordance with the national unified tax policy, the tax policy applicable to the transfer transactions do not distinguish between land use types, there is no tax according to the "real estate tax".

In late 1980s, because the land supply plan is not strong, a large amount of leasing, industrial land transfer price is low, the development and utilization of the lack of scientific planning and other reasons, the influence of land use efficiency and sustainable economic development. In order to regulate the real estate market transaction order, rationally regulate land value-added benefits, safeguarding national interests and other considerations, the state of compensation for the transfer of state-owned land use rights, buildings and other structures of the units and individuals to levy land value-added tax, and the tax rate shall be determined according to how much land value-added amount exceeds the amount of deductions, added much more tax, value-added little less tax. In addition, the land value-added tax in accordance with the taxpayer on the transfer of real estate has the added value and the provisions of the tax levied, the balance amount and the taxpayer on the transfer of real estate proceeds received by the project, is the amount of added value. Therefore, land value-added tax of four progressive rates is only the nominal tax rate, the actual land value-added tax payers is far lower than the nominal tax rate.

Next, we will be in accordance with the Party Central Committee and the State Council to promote the development of the real economy, reduce the decision deployment costs of the real economy enterprises, in-depth understanding of the actual situation in the tax burden on industry, seriously consider the proposal in promoting the real estate tax system and relevant legislation in the process of reform, coordination of real estate transactions and maintain links tax policy, play the function of Taxation in order to reduce the industrial land idle, service transformation and upgrading of the real economy to create a good tax environment.

(commissioning editor Li Nanhua and Tong Zongli)

Recommended reading