International Real Estate Review
Author(s) -
Anthony Yanxiang Gu,
Joseph W. Trefzger
Publication year - 2000
Publication title -
journal of the asian real estate society
Language(s) - English
Resource type - Journals
ISSN - 1029-6131
DOI - 10.53383/100025
Subject(s) - real estate , real estate investment trust , government (linguistics) , mainland china , china , tax revenue , revenue , incentive , finance , public finance , corporate real estate , tax policy , property management , business , economics , public economics , tax reform , macroeconomics , political science , market economy , linguistics , philosophy , law
This article discusses the advantages and disadvantages of real estate-related taxes that might be imposed in mainland China, in light of the government’s needs for tax revenue and the economy’s need for incentives to develop land. Some policy recommendations are presented, based on an analysis of real estate taxation in general and of China’s specific needs. As one recent article has noted, understanding how behavior adjusts in response to taxation is one of the most important issues in public finance.
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