A Review Study on the Specifically Selected Goods and Services Tax Act’s Effect

• Main Authors: Huei-Fen Lu, 盧慧芬
• Other Authors: Yu-Cheng Chen
• Format: Others
• Language: zh-TW
• Published: 2012
• Online Access: http://ndltd.ncl.edu.tw/handle/70110608650631418719

碩士 === 國立中興大學 === 高階經理人碩士在職專班 === 100 === Seen in the price unreasonable soaring in some areas, the existing short-term transaction tax burden of houses’ and lands’ is low or non and the negative feelings of the people about extravagant consumption leads the price increasing, they all appear the unfairness of existing tax acts. In order to improve the housing market, promote tax fairness and create high-quality tax environment, Taiwan government refer to the legislation in the United States, South Korea, Singapore and Hong Kong to develop " Specifically Selected Goods and Services Tax" (hereinafter referred to special sales tax, commonly known as the luxury tax). Additional to the existing tax burden, adding another tax on short-term immovable property transactions and on extravagant consumption of specifically selected goods and services. This study is to investigate the influence on the immovable property market and on the high-consumption product markets, after the implementation of " Specifically Selected Goods and Services Tax". According to analyze its act’s effect and the implied tax system questions, the research method is based on qualitative studies and select the representative areas include Taipei, New Taipei, Taichung, Kaohsiung, Tainan City, Tao Zhu areas to be the scopes of the immovable property transactions and the other scope are the specifically selected goods and services ordered in the act; using literature review method, the actual data analysis and expert interviews with executive managers of the development companies and agency industry, accountants, marketing department of BMW motor vehicle dealers and the chief of tax administration. The results indicate that the special sales tax can effectively curb speculators’ short-term speculative actions and let the house price increase up slowly. It has short-term act’s effect on the immovable property market , but lack long-term performance. Parts of the duty-free articles are easy to become tax planning spaces, but have no reduction of the tax act performance in danger. For the high-consumption product markets, special sales tax is indeed to eliminate the public negative perception and can increase the tax burden on high income earners and make the tax acts fairer, but it has no effectiveness of stable price. Finally, researcher drawn upon some suggestions from the aspect of legislation, levy practice and tax education, provide the reference of the government''s future policy adjustments, and limitations and suggestions for future research were both offered.