What is real estate tax?

Property tax (property tax) Real estate is another name for real estate "real estate", and property tax refers to property tax. The names of real estate retention tax vary from country to country, and some of them are called "real estate tax", such as Austria, Poland and Netherlands Antilles. Some are called "property taxes", such as Germany, America and Chile. Some are called "local taxes" or "rates", such as New Zealand, Britain and Malaysia. China and Hongkong are directly called "property tax". Although the names are different, the contents are basically the same: first, real estate and land are integrated and unified real estate tax is applicable; Second, the scope of taxation includes both towns and rural areas; The third is to tax according to the assessed value.

Edit the real estate tax nature of this paragraph.

Real estate tax belongs to holding tax, which is mainly aimed at real estate such as land and houses. The lessee or owner is required to pay a certain amount of tax every year, and the tax payable will increase with the increase of its market value. Real estate tax has different names in different countries and regions, and the scope of taxation includes both towns and rural areas; Taxes are levied according to the assessed value. Property tax, income tax and value-added tax are called the three main taxes internationally. Real estate tax is mainly local tax, while income tax and value-added tax are mainly central tax. Real estate tax can be considered as the main tax of local government revenue, which is uniformly collected by the central government. Different tax rates are implemented according to the production and operation houses and residential houses, and the tax rate range is stipulated. Local governments can determine the specific applicable local tax rates within the scope of uniform tax rates.

The term property tax in this paragraph originated from abroad.

The term property tax originated from abroad, especially in Southeast Asia, and real estate is almost equivalent to real estate. There are three main types of real estate taxes in the world. Some countries only levy behavior tax on the transfer of real estate, based on turnover. Some countries levy taxes on retained real estate according to its assessed value; In some countries, income from the transfer of real estate is taxed according to income or income. As far as China is concerned, the property tax we are talking about should belong to the second situation.