Nonferrous resource tax reform in the next year at the latest,
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- Category: Molybdenum's News
- Published on 22 July 2014
- Written by ling
- Hits: 502
Case design ideas are: resource tax reform will be the current trend is changed from the amount levied ad valorem. On the non-ferrous industry, the cyclical downturn in the industry at this stage, in order to reduce the burden on enterprises to achieve a smooth transition reforms, reforms to follow the principle of equivalence translation, enterprise resource tax burden that is equal before and after the reform, thereby pushing down ad valorem the proposed tax rate.
"According to this design ideas, resources tax reform had little impact on the nonferrous metals industry." The source said.
It is reported that in the comments, the enterprise resource tax reform and support for the views of the majority.
Resource tax based on a variety of natural resources for the taxable object, in order to adjust the resource differential income paid use of state resources and reflect a tax levied. Our resource tax began in 1984, and the implementation of a fixed amount from the levy. Tax resource tax, ferrous metal ores 2-30 yuan / ton; non-ferrous metal ores 0.4-30 yuan / ton.
Since the beginning of 2000, resources, goods subject to international supply and demand changes in prices continue to rise, however, from a fixed amount of resource tax collection methods, resource tax and price volatility decoupling, the scarcity of resources, goods can not be reflected.
To this end, the former Minister of Finance Xie in September 2011 told the media that the resource tax reform will be fully implemented in the next five years.
In fact, the resource tax reform had been implemented step by step. June 2010, Xinjiang was officially launched an ad valorem resource tax reform, involving crude oil (104.51, -0.08, -0.08%) and natural gas resources in the two tax rates are 5%; November 2011, oil and natural gas resources tax reform extended to the national rate of 5% -10%, the first step in a 5% levy.
Colored varieties resource tax reform has been inconclusive. However, from the end of last year, will soon be announced as the WTO litigation rare, rare earth resource tax will be levied on demand in response to export rare reference to the New Deal has proclaimed.
However, the situation Reporter learned yesterday that the colored varieties resource tax reform, including rare earths, tungsten, molybdenum and other rare species of resource tax reform will follow the principle of equal discount, corporate resources tax burden that is equal before and after the reform, thereby intends to push down the rate of ad valorem taxation, in order to reduce the burden on enterprises. The industry believes that, from this design ideas, the resource tax reform stage of precious metals prices will not have much of an impact.
However, the resources from the ad valorem tax reform in place, when the prices of resource products, resource tax will increase. Moreover, the resource tax rate level design can also be adjusted with the market situation, in order to fully reflect the scarcity of resources, thereby regulating the import and export.
Oil, natural gas, for example, when in 2011, oil, gas resource tax extended to the whole country, although the provisional rate of 5% of sales, but developed a floating rate system, which is 5% -10%, or 10% of the future target rate.
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