The parliament should speed up the approval of the capital gains tax plan

According to the economic correspondent of Fars News Agency, the eighth annual conference of the resistance economy, on March 22, with the theme “Housing; Production Drivers “was held at the Ministry of Roads and Urban Development. Seyyed Ehsan Khandouzi was supposed to be the opening speaker at the meeting, but Mohammad Hadi Sobhanian, the Deputy Minister of Economy, represented Khandouzi, who was unable to attend the meeting due to coronary heart disease and coronary heart disease. کرد.

Sobhanian, stating that providing housing needed by the people has been one of the specific slogans of this government, which must be helped by all government agents, said: From the very beginning, the government has sought to create synergy in various components.

Pointing out that we also tried to design a framework in the Ministry of Economy that would clarify the direction of the government’s economic activity for all ministries and the people, the Deputy Minister of Economy said: “The non-inflationary and justice-oriented growth roadmap has been designed for this purpose. The program had three key axes; One was the issue of economic growth, one of the main reasons for its decline in the previous government was the decline in investment, and the second axis was the inflation control program and attention to this issue. The third issue was to pay attention to the issue of justice.

* Increase economic growth by facilitating licensing on the agenda of the Ministry of Economy

He stressed that the programs to increase economic growth have started with the implementation of the program of organizing the business environment and facilitating the issuance of licenses: One of the main obstacles to economic growth is the difficulty of people entering the field and the number of licenses The order is placed.

Referring to the different methods of financing the housing sector in terms of preventing the growth of inflation, Sobhanian said: “First, the share of housing sector facilities should be increased from 5%, and at the same time, financing methods in the field of housing construction should be diversified.”

He continued: “People are interested in investing in housing and using land and building funds or professional rent.” Therefore, in terms of the limitations of the banking system, it is possible to help increase the supply of housing and construction in the country. The process of refining oil by building housing is also on the agenda of the Ministry of Housing, which can create good prospects in technology transfer and facilitate housing construction, and accelerate the government’s goals in this area.

Referring to the unwillingness of banks to provide facilities to the housing sector, the Deputy Minister of Economy said: “Why the banking network is not willing to provide facilities to the housing sector requires pathology.”

* The possibility of financing projects from the sale of government property and land

Sobhanian on the issue of land and its role in the cost of housing said: the price of land is 70% of the cost of housing in Tehran. Therefore, free land and 99-year lease have been proposed in this regard. If we are to properly facilitate the access of low-income groups to housing, we must pay more attention to non-rental methods. The government has a lot of land in the affluent areas of Tehran that can be obtained by selling them or exploiting them as good sources for financing projects.

* The government’s plan to create a tax base on land value and a capital gains tax to control the housing market

Referring to the methods of reducing land prices, the Deputy Minister of Economy said: “Discussing the opening of urban belts can help reduce land prices automatically.” Implementing some tax breaks, such as land tax (LVT) and capital gains tax, can help lower the cost of housing.

Regarding capital gains tax, Sobhanian said: “Capital gains tax can reduce the demand for speculation in the field of housing and reduce housing prices.” On the other hand, there was a concern that the collection of income tax from one area would cause capital outflow from the market of that area and the recession, which tried to include other areas in this tax.

* The parliament should speed up the approval of the capital gains tax plan

He said that he hoped that we would not face a challenge in this regard with the executive framework that the Ministry of Economy has considered for the capital gains tax, adding that the Islamic Consultative Assembly is expected to speed up the approval and implementation of this tax.

In the end, Sobhanian said: “The consideration that exists in the field of the National Housing Movement is to discuss the materials needed to build 4 million housing units, because the supply of materials for this project can challenge the export of construction materials and reduce currency in this area.” Therefore, if this point is not taken seriously by the Ministry of Industry, it can face currency challenges for the country.

End of message /