In recent years, as real estate prices continue to rise, public cal s for property tax reform is also getting higher and higher, eager to pass reforms to curb rising house prices and reduce speculation. January 28, 2011, with the Shanghai municipal real estate tax on some individual housing pilots on interim measures and the Chongqing Municipal People’s Government on the part of individual housing property tax reform enactment of interim measures, Shanghai and Chongqing prelude of the kicked off the property tax reform. The article is based on the background of Shanghai and Chongqing property tax pilot programs, specific content and analysis of advantages and disadvantages, and on this basis to make recommendations for future implementation of property tax reform.
Property tax reformDelta roomDifferences in tax rates