Proceedings of the 2016 International Conference on Management Science and Innovative Education

Analysis of Real Estate Tax System Reformation in China

Authors
Binfan Tian, Yongzhong Tang
Corresponding Author
Binfan Tian
Available Online October 2016.
DOI
10.2991/msie-16.2016.98How to use a DOI?
Keywords
real estate tax; turnover tax; property tax; game theory.
Abstract

In recent years, the demand of houses is booming, making the house price increase sharply. Tax is a "visible hand" of government in regulating economy, that the allocation of marketing resources can be optimized to improve the social welfare, by reforming the tax system reasonably. Based on the theory of equilibrium, this paper analyzes the effect of turnover tax reduction and property tax levy on housing price. Then, from the perspective of game theory, it makes analysis about how will they act if the central government rewards local governments incentively for reforming the tax system, What's more, it also analyzes how the equilibrium solution of game interprets the principal-agent relationship between central government and local governments. At last, this paper puts forward reasonable suggestions accordingly.

Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

Volume Title
Proceedings of the 2016 International Conference on Management Science and Innovative Education
Series
Advances in Social Science, Education and Humanities Research
Publication Date
October 2016
ISBN
978-94-6252-252-7
ISSN
2352-5398
DOI
10.2991/msie-16.2016.98How to use a DOI?
Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Binfan Tian
AU  - Yongzhong Tang
PY  - 2016/10
DA  - 2016/10
TI  - Analysis of Real Estate Tax System Reformation in China
BT  - Proceedings of the 2016 International Conference on Management Science and Innovative Education
PB  - Atlantis Press
SP  - 442
EP  - 447
SN  - 2352-5398
UR  - https://doi.org/10.2991/msie-16.2016.98
DO  - 10.2991/msie-16.2016.98
ID  - Tian2016/10
ER  -