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    Property Tax Resources Tax Is Expected To Become A Pillar Of The Local Tax System.

    2010/12/22 17:47:00 54

    Property TaxResource TaxLand Tax

      

    Treasury Department

    Jia Kang, director of the Finance Bureau, said on 19 th that the authorities concerned will further consider the fair tax burden and structure.

    Tax reduction

    Moreover, it is believed that the reform of the personal tax that is more difficult should find a reasonable plan and accelerate it in the "12th Five-Year" period.


    Jia Kang disclosed that the current policy information from finance and taxation departments is to further consider fair taxation and structural tax cuts.

    As for the reform of personal income tax, he pointed out that the basic principle is still to lower the low end.

    tax rate

    Appropriately raise the high-end tax rate.


    However, "structural tax cuts should also have a reasonable structural tax increase as a complement."

    Jia Kang said.

    In fact, resource tax and real estate tax have the color of tax increase.

    Jia Kang further suggested that, in the near future, resource tax should take the opportunity to expand the coverage of the region and the coverage of tax items, and strive to solve the framework of real estate tax in the medium term.

    He believes that the real estate tax and resource tax are expected to form the backbone of China's local tax system. The western region generally takes the resource tax as the pillar, and the eastern and central regions generally take the real estate tax as the backbone.

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    VAT Reform Enters The Legislative Process

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