An Economic Analysis of Pilot Property Tax
Journal of Chinese Tax and Policy
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Title |
An Economic Analysis of Pilot Property Tax
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Creator |
DAN, CHENG
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Description |
In 2011, the pilot property tax was introduced in two cities in China,Shanghai and Chongqing. This article focuses on comparing the effects and results ofthe tax in the two cities after implementing the tax for one year in four aspects: thetaxpayers, the real estate market, the local revenue and the purchasers. The conclusionis that the pilot property tax in both Shanghai and Chongqing has not achieved theexpected goals. The price of real estate in China currently continues to soar. Theincome from the pilot property tax is not enough to better the public house policy. Thetax is unable to influence the policy of land premium, which contributes to more thanhalf of the income received by the local authority.
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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/12733
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Source |
Journal of Chinese Tax and Policy; Vol 4, No 1 (2014): Chinese Tax and Policy 6
1839-065X 2205-2550 |
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Language |
EN
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Rights |
Copyright (c) 2018 CHENG DAN
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