Analysis of the Effect of Individual Estate Tax Reform in China

ICCREM 2013 ◽  
2013 ◽  
Author(s):  
Jianying Zhang ◽  
Xinran Li
Keyword(s):  
Tax Reform ◽  
Estate Tax

scholarly journals Research on the Strategy to Actively Promote Real Estate Tax Reform in China

2021 ◽  
Vol 6 (1) ◽  
pp. 1-8
Author(s):  
Zhenyi Xu ◽  
Keyword(s):  
Real Estate ◽  
Tax Reform ◽  
Real Estate Market ◽  
Chinese Government ◽  
Monetary Reform ◽  
Estate Tax ◽  
The Real ◽  
The Real Estate ◽  
The Real Estate Market ◽  
Real Estate Tax

Since the abolition of the welfare housing distribution policy and the implementation of the monetary reform of the housing system in 1998, there has even been a bubble phenomenon despite the rapid development of the Chinese real estate market. However, considering that the reform of real estate tax will affect the whole system, and there are still various disputes about real estate tax in society, the Chinese government is very slow in real estate tax reform. Given this, under the background that the State Council has been authorized by the Standing Committee of the National People’s Congress to pilot real estate tax reform, it is still necessary to explore the legitimacy of China’s real estate tax reform promotion. In general, under the background of solidly promoting common prosperity, resolutely implementing the policy of “housing to live without speculation,” and promoting the stable and healthy development of the real estate market, coupled with the fact that the real estate market has already seen a severe bubble phenomenon. China’s active promotion of real estate tax reform has a solid theoretical and practical basis and has urgency and feasibility.

scholarly journals A Tax Reform Conundrum: Insights From A Survey Of Tax Professors

2011 ◽  
Vol 17 (4) ◽  
Author(s):  
Gary M. Fleischman ◽  
Paul D. Hutchison
Keyword(s):  
Tax Reform ◽  
Tax Rates ◽  
Font Size ◽  
Tax System ◽  
Flat Tax ◽  
Estate Tax ◽  
Tax Cuts

<p class="MsoNormal" style="text-align: justify; margin: 0in 37.8pt 0pt 0.5in;"><span style="font-family: Batang; font-size: x-small;">The George W. Bush presidency&rsquo;s mandate<strong style="mso-bidi-font-weight: normal;"> </strong>for tax cuts, combined with predictions of substantial budget surpluses during the next ten years, is fueling two related debates:<span style="mso-spacerun: yes;">&nbsp; </span>(1) elimination of the estate tax, and (2) reduction of tax rates by reforming and simplifying the tax code.<span style="mso-spacerun: yes;">&nbsp; </span>This paper uses the results of a survey of accounting tax professors to assess opinions regarding the elimination of the estate tax, as well as, the feasibility of reducing tax rates through reform by using a flat tax.<span style="mso-spacerun: yes;">&nbsp; </span>The results of this study suggest that tax professors do not favor the repeal of the estate tax and are lukewarm to replacing the current tax system with a flat tax.</span></p>

Continuity and Innovations in Tax Reform

2015 ◽  
pp. 39-58
Author(s):  
Giuseppe Dallera
Keyword(s):  
Tax Reform

A Study on Consumers’ Awareness on Goods and Services Tax

2018 ◽  
Vol 6 (11) ◽  
pp. 30
Author(s):  
A. Hilary Joseph ◽  
D. Kanakavalli
Keyword(s):  
Tax Reform ◽  
Subsequent Stage ◽  
State Governments ◽  
Value Addition ◽  
Goods And Services ◽  
Late Night ◽  
Single Tax ◽  
Doing Business ◽  
Ease Of Doing Business ◽  
The One

The Goods and Services Tax (GST) -- India's biggest tax reform since independence formally launched in Parliament by Prime Minister Narendra Modi and President Pranab Mukherjee came into force after 17 tumultuous years of debate, unifying more than a dozen central and state levies.  The new tax regime was ushered at the late night of 30th June and came into force on 1st July 2017.  The one national GST unifies the country's USD 2 trillion economy and 1.3 billion people into a common market.  As commented by Mr.Modi, GST is not just tax reform but its economic reform. GST is a way forward in the ease of doing business.  In the language of law, it is called the goods and services tax, but the benefit of GST is really a Good and Simple Tax. Good because multiple taxes will be removed. Simple because it requires just one form and is easy to use.  GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer.  Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage. The final consumer will thus bear only the GST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.  It renders numerous benefits to different parties such as business and industry, central and state governments and the ultimate consumers.  An effort is made to understand the consumers’ awareness on Goods and Services Tax. Everything that is introduced will attract agitation and unrest among different group of people and they can easily be overcome by designing programmes to clarify the objections of renowned economists.  GST will sure to have success when the confidence of every individual Indian citizens have obtained.

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