Since 2014
The Practical Choice for Real Property Tax Reform
Journal of Chinese Tax and Policy
View Archive Info| Field | Value | |
| Title |
The Practical Choice for Real Property Tax Reform
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| Creator |
ZHU, Yansheng
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| Description |
Defining the functions of real property tax (“RPT”), levying RPT fairly,and legislating RPT democratically are the three core issues of the current RPTreform, which are addressed in this paper. Firstly, even when granted the capacity,RPT cannot solely fulfil the function of controlling the real property market. Withregard to the second issue, abolishing the tax exemption for personal noncommercialhousing coincides with the principle of tax equity. Tax equity isenhanced by considering the size of residential area in addition to current valueassessment when calculating tax payable. Finally, pilot programs of real propertyreform within the present tax legislation do not violate the principle of legality. Thedesire to realize the “ideal type” of such principle in theory cannot outweigh thenecessity of those pilots.
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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/12755
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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 Yansheng ZHU
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