LIU Rong,etc:On the Evaluation and Analysis of the Total Real Estate Tax——Based on the Data From China Household Finance Survey

Abstract：Based on micro-data from the China Household Finance Survey, this paper conducts theoretical prediction and evaluation of the non-exemption ratio and tax credits of the national real estate tax.The results are that the non-exemption ratio is around 44.61%, and the credits range is approximately between 169.669 billion RMB and 1454.308 billion RMB when the collection rate and assessment ratio all equals 1.If we adopt 1.75% as the average tax rate and 85% as levy rate, the total real estate tax will be 721.095 billion RMB.In terms of the tax gross, the real estate tax equals 24.53% of land finance revenue.Meanwhile, along with the development of the urbanization, the expansion of dwelling areas and the rise of unit value nationwide will contribute to real estate tax.So, real estate tax will alleviate the dependence of local governments on the land-transferring fees before land-leasing fees get exhausted.

Key words： Real Estate Tax    Non-exemption Ratio    Micro-data

source:Finance & Trade Economics ,No.1,2015