Consumption Tax

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The riddle of China's car prices: half the tax and half the profits

The ratio of the operating profit margin of the Chinese and American car operators 30%:5%, the ratio of the purchase of 50%:5% Tangliu Yang yesterday CBN published "Sales of the world's first behind: China's car price is still far beyond the United States," sparked a consumer of the Chinese car price odd high heated discussion, numerous network media thread countless, Just spent more than 230,000 yuan to buy a Camry sedan car repair factory in Wuhan, Mr. Li, in the knowledge that the car in the United States as long as more than 20,000 U.S. dollars, the equivalent of RMB 150,000 yuan, can not help but ask the CBN Reporter: "China is not human costs and raw materials than the United States a lot Why the Camry in ...

Real estate related tax rapid growth in the first quarter

Auto sales related tax revenue increased, is the first quarter tax revenue another highlight of the "Caixin Net" (reporter Horon 30th from Beijing) A quarter of real estate transactions active, led real estate sales tax, deed and housing transfer income tax and other income rapid growth.  The Ministry of Finance April 30 released data showed that the first quarter of the national tax revenue completed 1.77 trillion yuan, the same period last year, increased 35.9%, the year-on-year increase of 467.897 billion yuan. The main taxes, the first quarter of the sales tax completed 295.373 billion yuan, an increase of 41.2% per cent. The price of house sales is rising, driving ...

Expert: Special excise tax is the most improper property retention tax or feasible

The introduction of real estate tax or not to see the market on real estate tax news is rampant, the latest news is the State administration of taxation in Shanghai to the housing sector to tax the rumors said: "The tax legislation in the central government, local governments do not have the power to introduce new taxes."  "Due to lack of authoritative departments of the substantive response, the media on the real estate tax control of a number of versions: such as property tax, land value-added tax, special consumption tax, real estate tax and property tax. "As a result of the state 11 of the many content, such as accountability, mortgage tightening, housing construction, etc., have been implemented, only the tax means has not yet ...

June National revenue increased 19.6%

The Ministry of Finance 13th released the June and first half of the fiscal revenue and expenditure data. June, the national revenue of 686.747 billion yuan, increased by 112.365 billion yuan in the same month last year, an increase of 19.6%.  May national revenue has just ended this year's continued negative growth situation, the June ushered in a high increase.  Treasury believes that the recent increase in revenue has rebounded to a considerable extent because of the oil tax reform after the transfer of consumption tax increases and some of the impact of one-off income increase. The first half of the year, the national revenue of 3,397,614,000,000 Yuan, 832.05 lower than the same period.

May revenue to achieve the first positive growth this year

Grew 4.8% from the same month last year. BEIJING, June 15 (reporter Li Lihui) reporter learned from the Ministry of Finance: in the first 4 months of this year, the National revenue Monthly negative background, May, The national revenue of 656.947 billion yuan, the first to achieve positive growth, compared with the same month last year, an increase of 30.132 billion yuan, an increase of 4.8%.  Among them, the central level income of 406.343 billion yuan, an increase of 5.7% per cent, local income of 250.604 billion yuan, an increase of 3.3%. Main income items: domestic value-added tax down 4.7%, domestic consumption tax with ...

Xuren: Reducing the tax burden on low-and middle-income earners this year

People's Day Beijing, March 7 (People's Daily Front report group) 14:30 today, the four National People's Congress Press center held the theme "Fiscal policy and related issues" press conference.  In response to a reporter's question, Treasury Secretary Xuren said that this year it would be appropriate to raise the cost deduction standard for personal income tax, adjust the tax structure rationally, reduce the tax burden of the middle and lower income earners and strengthen the adjustment of high income. Xuren said that this year to deepen the reform of the tax system, according to the five-year master plan, in a number of productive services in the field of value-added tax reform pilot, while the corresponding reduction of business ...

Development and Reform Commission responds to six big questions about oil prices

Xinhua Beijing, July 10, nearly two months, in the international oil price fluctuations in the situation, the State departments in accordance with the formation of oil price mechanism, the corresponding adjustment of domestic product prices.  Because the oil price is affected by the international oil prices, the domestic tax burden, the pricing mechanism and many other factors, the society is specious, the comments and views of the erroneous claims are more, which causes some people's misunderstanding.  In this regard, 10th, the National Development and Reform Commission Price division responsible for the social concerns of the 6 major issues, answered the reporter's questions. The price of refined oil at home and abroad is much different according to the Development Reform Commission ...

China's milk powder import duty rate of up to 57% many representatives recommended duty-free

"The import rate of milk powder is as high as 57%!" "Many representatives of the Committee called for: overweight tax!" Daily necessities recommended duty-free New Express Beijing reporter Zhang Yi from "steamed bread tax" to a tax starting point, "tax" is the hottest topic of the two sessions this year. Tang Yanwen, chairman of the CPPCC and Changxing Group, pointed out in the proposal that taxes on tariffs and commodities were too high and repeated taxes, leading directly to high domestic prices and the need to reduce taxes. "Some economists estimate that some of our goods and taxes account for as much as 64% of the price." Whether this data is accurate, but high taxes ...

Xuren: This year to promote the reform of taxation system to do three work

People's Day Beijing, March 7 (People's Daily Front report group) 14:30 today, the four National People's Congress Press center held the theme "Fiscal policy and related issues" press conference. In response to a reporter's question, Treasury secretary Xuren said that during the "Twelve-Five" period, the Ministry of Finance will focus on the theme of scientific development and speed up the transformation of the main line of economic development, in order to safeguard and improve people's livelihood as the starting point and foothold, and actively build a fiscal system conducive to the  In accordance with the overall thinking of the above reform, this year to promote the reform of the tax system to do three work. Economic participation ...

January-February national revenue increased 36%

"Caijing" comprehensive report "This January-February, the national revenue of 1,849,439,000,000 yuan, the same period last year, an increase of 489.076 billion yuan, an increase of 36%." Data from the ministry's website showed that in January, the national revenue of 1,149,738,000,000 yuan, increased by 283.872 billion yuan in the same month last year, an increase of 32.8%. Among them, the central level income of 577.07 billion yuan, an increase of 27.2% per cent, local income of 572.668 billion yuan, an increase of 39%. February, the national revenue of 699.701 billion yuan, than last year, the same month increase ...

Xuren: A step-by-step implementation of tax reform this year

The Ministry of Finance March 1 News, Treasury Secretary Xuren said in response to reporters that 2011 will be in some of the productive services sector in the field of value-added tax reform pilot, the corresponding reduction of business tax, from the system to gradually solve the problem of the tax policy of goods and services are not unified.  We should improve the consumption tax system, implement the personal income tax reform in a step-by-step way, further promote the reform of the resource tax and carry out the reform pilot. Xuren said that in 2010 the national fiscal deficit accounted for about 2.5% of GDP, and the debt balance was less than 20% of GDP, and it was within safe limits. 2011 continued to implement the knot ...

Income from non-tax revenue increased by nearly 20% in June

Compared with a 31.4% increase in non-tax revenue, revenue revenue in the tax income is still down 6% Xiangjian from the trough to the crest, revenue growth has completed a roller coaster-like transformation. According to data released last night by the Treasury, June's revenue growth has changed sharply, up 19.6% from a year earlier.  Only six months ago, revenue was still in a difficult period of double-digit declines. The relevant department of the Ministry of Finance analysis said that the recent two-month revenue growth has gradually rebounded, mainly due to economic recovery, non-tax revenue into rapid growth, strengthen management, fuel tax ...

The first 5 months of revenue 2,710,867,000,000 yuan down 6.7%

Xinhua News: The Ministry of Finance 15th released statistics show that the first 5 months of this year, the national revenue 2,710,867,000,000 Yuan, down 6.7% year-on-year. National revenue situation according to the Ministry of Finance website News May, the national revenue of 656.947 billion yuan, compared with the same month last year, increased 30.132 billion yuan, growth of 4.8%. Among them, the central level income of 406.343 billion yuan, an increase of 5.7% per cent, local income of 250.604 billion yuan, an increase of 3.3%. Main income items: domestic value-added tax down 4.7%, domestic ...

Property market to curb speculation in the housing market change plate sales staff face

In the face of soaring prices after countless verbal warnings were ineffective and the tightly-controlled policies of the end of last year "failed", management finally made a "combo fist" in the property market in mid-April.    This series of regulatory policy measures by insiders known as "10 years rare."  Sales staff "face" property market overnight change plate, home buyers small Dong's feeling quite representative. At the beginning of April this year, Xiao Dong took a fancy to a listed apartment in Shanghai Central. The property is scheduled to open in June, but it is said that most of the good, floor, huxing good listings have been scheduled ...

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