A Critical Review of Property Tax and Comprehensive Real Estate Tax on Housing

This study critically analyzes problems of the current real estate holding taxes in terms of specific methods for tax burden calculation, and suggests remedies to them. The findings show that, regarding calculation method, household members’ ratios of shares in shared housing should be applied consistently to separate taxes, and that excessive or incomplete deduction should be adjusted in dealing with the double taxation problem, and that consistent tax payment measures should be adopted in prescribing the tax burden ceiling. These problems will have to be remedied by making rational amendments to the relevant laws and regulations.