Another tax on housing is on the way
Capital income tax was placed on the agenda of the government and parliament with the aim of preventing speculative transactions in the housing market; This is the second step in organizing the housing market after the preliminary measures to collect taxes on vacant houses.
According to the International Iran Stone Exhibition, experts believe that the abandonment of the housing market in Iran due to the negligence of policymakers in imposing a tax on commercial transactions, along with fluctuations in parallel markets, has faced the housing sector with price fluctuations in recent decades. The brokers process makes the most profit.
According to a research, seventy-seven percent of transactions in the Iranian housing market are speculative and speculative. In other words, housing units are constantly exchanged from one investor to another. The output of this trend will lead to rising prices and the departure of real applicants from housing. On the other hand, the elimination of consumer applicants occurs in the form of reduced construction; Despite the annual need for about one million housing units, construction is currently in the range of three hundred to three hundred and fifty thousand units.
The government bill has not come yet
Capital and property income tax, which is implemented in more than one hundred and eighty countries, was submitted to the parliament in 1397, but the government promised in November of that year that it would bring a bill to the parliament in this regard, which has not been implemented yet. . Of course, according to Mahmoud Mahmoudzadeh - Deputy Minister of Roads and Urban Development, efforts are being made in the government to achieve this goal and there is no reason not to achieve it.
Capital gains tax is supposed to target frequent transactions in areas such as housing, cars, currency and gold. Experts say that if the law is passed, sales with the intention of investing and making a profit will be removed from the housing sector.
Yesterday, the capital gains tax plan was once again circulated in the parliament. At the meeting of the Civil Commission, the necessity of collecting taxes on the income of housing capital and transfer taxes was emphasized as one of the effective tools for managing the housing market.
Mohammad Reza Rezaei Kochi - Chairman of the Civil Commission of the Majles said about this plan: The legal vacuum in the field of housing transactions has caused brokers to buy and sell many units annually and with this method the price of housing in the country has practically increased, so organizing this area can Reduce turbulence.
Alireza Pakfitrat, a member of the Civil Commission, also stated: "In my opinion, the capital gains tax should be implemented comprehensively and in all economic markets." If this law is implemented only in the housing market, capital and liquidity will be transferred from this market to other economic markets.
The need for tax exemptions for builders
In this meeting, Ali Nikzad - Deputy Speaker and member of the Civil Commission, referring to the axes of the sixth chapter of the plan to jump in the production and supply of housing on the tax on housing capital gains and transfer tax, said: "According to this plan, mass builders and housing producers In the first transfers after construction are exempt from tax.
* ISNA
