Improving Property Tax Right Distribution in China by Referring to International Experiences
Author(s): Xujia Chen & Haibo Feng
Pages: 39-42
Year: 2011 Issue: 11
Journal: International Taxation In China
Keyword: Property tax; Tax right distribution;
Abstract: In order to establish rational distribution of property tax right between central and local governments,China’s actual situation shall be well considered in addition to abiding by general principles of tax jurisdiction and referring to advanced experiences of foreign countries,and the focus of governments shall attach to the following aspects:property tax system for local tax items shall be established;the decision-making power of property tax base shall belong to central government, and the decision-making power of property tax rate shall be shared between central and local governments;and the collection and administration of property tax shall be given to local governments.
Pages: 39-42
Year: 2011 Issue: 11
Journal: International Taxation In China
Keyword: Property tax; Tax right distribution;
Abstract: In order to establish rational distribution of property tax right between central and local governments,China’s actual situation shall be well considered in addition to abiding by general principles of tax jurisdiction and referring to advanced experiences of foreign countries,and the focus of governments shall attach to the following aspects:property tax system for local tax items shall be established;the decision-making power of property tax base shall belong to central government, and the decision-making power of property tax rate shall be shared between central and local governments;and the collection and administration of property tax shall be given to local governments.
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