Home >

Tax Administration: Tax Revenue In The First Three Quarters Of 89700 Billion Yuan

2016/10/24 19:48:00 34

Taxation AdministrationTaxationIndustrial And Commercial Tax

In the first three quarters of this year, the Revenue Department of the national tax department reduced the export tax rebate to 8 trillion and 970 billion yuan, an increase of 7% over the same period last year.

Data show that the growth of private investment in key tax sources has picked up, and for the first time in August, the growth rate exceeded that of state-owned enterprises.

A few days ago, the State Administration of Taxation held a news briefing to inform the tax department of the first three quarters of this year about the organization's tax revenue and the effectiveness of the pilot project.

As of October, it has been more than five months since the pilot reform of the camp has been carried out in a comprehensive way.

Lin Feng, deputy director of the General Administration of goods and services tax administration of the State Administration of Taxation, said that the tax reduction effect of the four industries is obvious.

In the 5-8 month, the four industries realized the value added tax payable 312 billion 700 million yuan, and should pay.

Sales Tax

Compared with the tax reduction of 48 billion 600 million yuan, the tax burden dropped by 13.45%.

At present, the overall operation of the camp has been stable, showing a trend of good development month by month.

Lin Feng said that the tax department will further guide the pilot enterprises to strengthen financial management, improve internal governance, and maximize the bonus of business pformation and increase, so as to better promote the development of enterprises and the economy.

along with

Camp to increase

With the advance of the enterprise, the deductible exchange of the enterprise integrates the big data that can directly observe the economic operation.

Since the first half of this year, the decline in private investment growth has attracted wide attention.

However, from the tax data point of view, since August, the investment growth rate of private enterprises has been greatly accelerated, and for the first time this year, the number of private enterprises has exceeded that of state-owned enterprises.

Zheng Xiaoying, deputy director of the revenue planning and accounting department of the State Administration of Taxation, said that in August, the growth rate of private investment in key tax sources was greatly accelerated, reaching 33.5%.

In the 1-8 month, the amount of fixed assets purchased by private enterprises for value-added tax was increased by 10.2% over the same period last year.

The sharp rise in the growth rate of private investment in key tax sources benefited from the special supervision of the State Council on private investment policies and the introduction of relevant policies to promote investment.

In addition, the pilot scale of the camp has been pushed forward and the scope of investment deduction has been increased. This has also encouraged the enthusiasm of private capital investment.

Yang Heling, vice president of Henan Xuchang Sen yuan group, said: "in the first three quarters of this year, the group has invested 290 million yuan in fixed assets, up 22.4% from 237 million yuan in the same period last year.

We have established a research institute with Tsinghua University to invest 1.6 billion, which can be deducted from real estate and scientific research funds. How much is the tax rate of 17%?

In addition to the improvement of the enthusiasm of private capital investment,

Supply side

The effectiveness of structural reform has also been reflected in the tax data.

Since the beginning of this year, the capacity of iron and steel industry has attracted much attention as an important content of "three down, one down and one subsidy".

With the continuous elimination of backward and closed down production capacity, the effect of the industry has been lifted.

Zheng Xiaoying said that in the first three quarters, the tax revenue of the coal industry decreased by 23.5%, a decline of 8.6 percentage points from the first half of the year, and a 1.4% increase in the steel industry tax revenue, a 10.5 percentage point increase over the first half, reversing the downward trend.

This shows that with the elimination of backward production capacity and the process of cleaning up zombie enterprises, as well as coal and steel prices rebound, overcapacity industry shows signs of improvement.


  • Related reading

New Registration Companies Need To Register Tax, Otherwise They Will Be Punished By Industry And Commerce.

Industrial and commercial tax
|
2016/10/12 21:21:00
51

Sichuan Industrial And Commercial Tax Authorities Jointly Clean Up The "Zombie Enterprises".

Industrial and commercial tax
|
2016/10/7 23:04:00
41

The General Administration Of Taxation Has Issued A New Deal To Improve The Classified Management Of Export Tax Rebates.

Industrial and commercial tax
|
2016/10/7 22:37:00
55

Accounting Estimate Change And Error Correction Fiscal Treatment

Industrial and commercial tax
|
2016/10/2 15:05:00
30

Blacklist Makes Tax Breaks No Place To Hide.

Industrial and commercial tax
|
2016/9/29 20:50:00
41
Read the next article

Beitang District Company'S Registration Speed Is Fast And Future Development.

China's Wuxi industrial and commercial registration is generally affiliated to large enterprise groups, mostly based on traditional deposits and loans and capital settlement. Its business overlaps with banks, which only belong to the extension and expansion of banking functions.