The real estate tax has once again entered people's attention, but this time it is news of a temporary delay in legislation. In the Legislative Plan of the 14th National People's Congress Standing Committee released on September 7th, the value-added tax law, consumption tax law, tariff law, and other related laws in the financial and tax fields were clearly submitted for review during the term of the Standing Committee, but the highly concerned real estate tax law was not mentioned. Five years ago, in the "Legislative Plan of the 13th National People's Congress Standing Committee" released in September 2018, the real estate tax law was included in the first category of projects, which belongs to a relatively mature legal draft that is planned to be submitted for review during the term of office. The lack of mention of real estate tax in this legislative plan is widely believed to indicate that the legislative work on this tax is temporarily suspended. Some experts point out that in the current context of unstable expectations in the real estate market and declining housing prices, it is not conducive to promoting the legislation of real estate taxes; However, there are also views that the purpose of real estate tax is not to directly regulate the real estate market, and from a long-term perspective, it may still be possible to choose an opportunity to levy. The real estate tax was once considered to be "about to be levied". The collection of real estate tax in China has been in progress for a long time, but it was not until Shanghai and Chongqing became pilot cities in 2011 that they officially entered the stage of collecting real estate tax on personal residences. In 2013, the Third Plenary Session of the 18th Central Committee of the Communist Party of China proposed to "accelerate the legislation of real estate tax and timely promote reform", which was the first mention of real estate tax legislation at the central level. Until this year, multiple documents and important meetings from relevant departments have repeatedly studied and adjusted the real estate tax reform plan, but the progress has been slow and legislative work has not been officially launched. In April of this year, China fully implemented the unified registration of real estate, which was once seen as a prerequisite for completing the collection of real estate tax. The topic of "imminent collection of real estate tax" has once again increased in popularity. However, the Legislative Plan of the 14th Standing Committee of the National People's Congress did not mention the real estate tax law or signal a temporary suspension of the collection of real estate tax. Tax legislation is a cautious and slow process that requires steady progress. The real estate tax itself is a very important tax category, and its legislation requires comprehensive consideration, especially when releasing relevant policy signals to the outside world. Secondly, this is closely related to the overall arrangement of China's real estate tax reform 'pilot before legislation'. "said Zhao Heyun, a professor at the School of Finance and Taxation at Guangdong University of Finance and Economics, The statement by the Ministry of Finance on March 16, 2022 that "there are no conditions for expanding the pilot cities for real estate tax reform" indicates that the current legislative conditions for real estate tax have not been met, and there are still many unresolved theoretical and practical issues involved. Zhao Heyun believes that the reform of real estate tax still has a long way to go, and it is expected that most regions will not levy real estate tax in the short term. The pressure of the real estate market affects the timing of the real estate tax collection, which will have a profound impact on the expected changes in the real estate market. In 2021, the Standing Committee of the National People's Congress authorized the State Council to carry out pilot work on real estate tax reform in some regions. At that time, the real estate market transactions were cold, and homebuyers' confidence in the trend of housing prices weakened. Some homeowners even began to consider selling off their surplus properties. Whether it is the second round of pilot real estate tax proposed by the Ministry of Finance in October 2021, or the real estate tax