Since 2014
Analysis of the Financial Function of the Real Estate Tax
Journal of Chinese Tax and Policy
View Archive Info| Field | Value | |
| Title |
Analysis of the Financial Function of the Real Estate Tax
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| Creator |
WANG, JINXIA
ZE, PENG |
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| Description |
By analysing the contribution of real estate taxes to local governments’ taxrevenues in foreign nations, this article concludes that, as Chinese real estate market hasbeen developing for many years, the existing properties and new properties provideabundant sources for imposing real estate tax, making it financially feasible to let real estatetaxes play a dominant role in local revenue raising. As the reform on real estate tax involvesan “infringement” of private property rights, when considering the factors in designing theframework, China not only have to consider the demand of raising revenue by the tax levierfrom a macroscopic perspective, but also examine whether a taxpayer is able to afford thetax financially and accept it politically from a microscopic perspective. Therefore thereform on real estate taxes should be a gradual process.
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| Publisher |
Journal of Chinese Tax and Policy
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| Contributor |
—
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| Date |
2018-05-22
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Identifier |
https://openjournals.library.sydney.edu.au/index.php/JCTP/article/view/12751
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| Source |
Journal of Chinese Tax and Policy; Vol 4, No 3 (2014): Chinese Tax and Policy 7 s
1839-065X 2205-2550 |
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| Language |
EN
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| Rights |
Copyright (c) 2018 JINXIA WANG, PENG ZE
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