Ministry of Finance is considering consumption tax adjustment program

Source: Internet
Author: User
Keywords Announcement cosmetics consumption tax adjustment program no longer taxable
Tags aliyun change consumer goods consumption consumption tax daily necessities example finance

Reporter was informed, http://www.aliyun.com/zixun/aggregation/10776.html "> At present, the Ministry of Finance is considering the cancellation of the consumption tax on the products that need to be levied on the consumption tax and then gradually become the daily necessities. For example, the general cosmetics, at Since the implementation of the consumption tax in 1994, a uniform standard has been adopted. However, with the progress of society, cosmetics have also become necessities of life. Correspondingly, when the product attributes change, the tax standards should also be adjusted.

The program of the Third Plenary Session of the 18th CPC Central Committee on the reform of the consumption tax explicitly pointed out that it is necessary to adjust the scope, links and tax rates of the consumption tax levy and include the high-energy consumption, high-pollution products and some high-end consumer goods within the scope of the levy. On June 30, the "Overall Plan for Deepening the Reform of the Financial and Taxation System" was passed and the direction for the future reform of the consumption tax was described as improving the consumption tax system. In this context, the specific adjustments to the consumption tax will probably come closer to life and become the most common taxes that ordinary people have in common with the tax reform. "It is estimated that the quickest solution will come out in October, and it may only be the overall plan to expand it," said one finance and taxation official.

Shi Zhengwen, director of the Tax Law Research Center of China University of Political Science and Law, said that the adjustment of the range of consumption tax levied should remove some of the consumer goods that have become daily necessities out of the scope of taxation and include some heavily polluted, heavily consumed energy products and extravagant consumption Expropriation range.

Earlier, it was reported that the Ministry of Finance on the adjustment of the excise tax position "increase or decrease."

As the central tax, consumption tax has become the second largest tax after VAT, business tax and corporate income tax. According to China Business newspaper

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