The Draft Tax On Coal Resources Will Be Issued At The End Of The Year &Nbsp; &Nbsp; The Tax Rate Shall Be 3%-5%.

Bubbling with excitement

This newspaper learned from the Ministry of finance that the Ministry of Finance and taxation had commissioned the China Mining Federation to make a plan to collect the ad valorem of resources tax.

"In September, the head of the local tax office of the tax administration department convened a gathering of representatives of the mining association and enterprise representatives to collect opinions. At this forum, industry associations and mineral company complained a lot."

A person attending the forum told this newspaper.

On the occasion of the central Xinjiang working conference in May this year, resource tax reform took the lead from Xinjiang, but only faced with crude oil and natural gas, and was levied at 5% tax rates.

Two months later, the resource tax reform was extended to twelve provinces and autonomous regions in the western region.

"Now it seems that the possibility of this year's launch of the scheme is relatively small, and the mining Federation's current plan has not yet been completed, and it will be consulted later."

In November 3rd, a person from the China Mining Federation said in an interview with the newspaper that it would be good to push it as early as the beginning of next year.

But it is certain that the mining Federation will definitely draw up before the end of this year.

In the proposal of the Central Committee of the Communist Party of China on the formulation of the Twelfth Five Year Plan for national economic and social development, there is a special expression of resource tax. It is suggested that we should continue to push forward fees and tax reform, comprehensively reform the resource tax, levy environmental protection tax, deepen the reform of resource products prices and factor markets, and straighten out the price relations of resources such as coal, electricity, oil, gas, water and mineral resources.

The current levying method of coal resources tax in China is still counting from the quantity. In terms of tax rate, besides the coking coal resource tax amount is unified to 8 yuan / ton, the tax rates of other coal types in other regions are mostly 3 yuan / ton.

Game resource tax reform

For resource tax reform, the finance and taxation departments and mining enterprises have been in dispute for many times, especially the dispute with the coal industry has become increasingly fierce. "But then the local government openly supports the reform of resource tax, especially in the western provinces, and the reform of resource tax is imperative."

An official of the land and Resources Department said in an interview with this newspaper.

Liu Kegu, consultant of the State Development Bank, said in an interview with the newspaper that coal enterprises had better economic returns and ranked higher in resource enterprises.

And the resource tax reform aimed at the coal industry in accordance with the principle of "mild pition and gradual improvement", with small and steady progress, increasing the tax burden is not heavy, and has little impact on the coal industry.

"According to the national coal output and the current price in 2009, the annual net increase in resource tax is less than 30 billion yuan, which is only 6% of the structural tax reduction of 500 billion yuan.

According to the current profitability of energy companies, they can completely absorb themselves. "

Liu Kegu said.

As for the impact of inflation, Liu Kegu also believes that other energy products (such as coal) in the short term, because of resource tax reform to increase tax burden is not much, price increases are limited.

"In the medium to long term, price changes still depend on the supply and demand of the market. After the price rises, the downstream demand will be reduced, which will play an important role in restraining unreasonable demand and stabilizing prices."

Liu Kegu said.

As for the view of Finance and taxation department, the Chinese coal industry association and other industry associations almost agree that mining enterprises are heavily taxed at present, and are not suitable for resource tax reform, or the resource tax rate should be determined at 1%-3%.

Wang Mingsheng, chairman of Huaibei mining industry, said publicly that the actual tax paid by coal enterprises accounted for about 18% of the sales revenue, plus a variety of policy funds and fees, and the actual tax burden was more than 30%.

"If we collect the resource tax at the 3.5%~5% rate, the coal tax will be 14 yuan / ton to 20 yuan / ton according to the coal price in November 2009, and the coal tax will be 6 times higher than before. The total tax burden of the coal enterprises will exceed 32%."

Wang Mingsheng said.

The chairman of the Yankuang Group, Geng Jia Huai, said that in recent years, due to the heavy taxes caused by various coal producing enterprises, especially large coal production enterprises, the business burden of enterprises has been increased.

Therefore, he proposed that we should accelerate the implementation of the consumption value-added tax policy, maintain the standard of resource tax collection, and appropriately reduce other taxes and fees.

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Weighing tax rates

According to the statistics of China Coal Industry Association, the current taxes and charges on coal resources include resource tax, mineral resources compensation fee, exploration royalty, prospecting right price, mining royalty and mining right price.

In addition, the departments also expropriate railway construction fund, mine environment control recovery deposit, port construction fee, and some local governments also collect coal sustainable development fund, coal mine pfer development fund, coal price adjustment fund and so on.

"This is a stupid account, especially the variety of taxes and fees collected by local governments."

An official of the China Coal Industry Association was very angry.

For the current coal industry taxes and fees, Liu Kegu also admitted that although China's resource tax burden is low, there are many kinds of charges surrounding mineral resources.

Therefore, Liu Kegu suggested that, in order to further provide space for the resource tax reform and reasonable tax burden on enterprises, after the implementation of the resource tax reform plan, we should abolish the illegal and ultra vires charging fund, strengthen the management of the mineral resources fees fund, and gradually straighten out the relationship between taxes and fees, so as to ensure the continuous advance of the resource tax reform.

This means that the current resource tax rate will not be too high, "certainly not more than 10%, otherwise the enterprise will be hurt."

The above China Mining Federation said.

Taking Xilinguole Meng, Inner Mongolia as an example, most of the mine in this area is lignite from open mining.

"At present, the coal resource tax is 3.2 yuan per ton. At present, the total tax burden of coal is about 18%.

The official believes that without increasing the production burden of coal enterprises and downstream enterprises, the tax rate of coal resources tax can be levied in the range of 3%-8%, so that the overall tax burden of enterprises can be maintained at around 18%-23%, which will not increase the burden on enterprises.