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

Source: Internet
Author: User
Keywords Taxes Treasury
Tags analysis compared consumption consumption tax data double-digit economic economic recovery
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 departments of the Ministry of Finance, said that the recent two-month revenue growth gradually rebounded, the main reason is the economic recovery, non-tax tax into rapid growth, strengthen management, fuel tax and tobacco tax reform and many other factors of the joint role. However, the industry believes that a substantial increase in fiscal revenue in June may be mainly due to the large increase in non-tax revenue and strengthen tax collection and management, the high income growth of the sustainability is questionable.  The Ministry of Finance also said that the recent high revenue growth has many one-time income factors, the basis for sustained revenue growth is not strong.  Back to the sweet time?  Without looking at the data from previous months, the June figures look like a return to the sweet time of 2007 's high revenue growth.  Data show that June, the national revenue of 686.75 billion yuan, the same period last year, increased by 112.36 billion yuan, an increase of 19.6%.  One of the central level of income of 348.68 billion yuan, an increase of 15.9% per cent, local income of 338.06 billion yuan, an increase of 23.5%. This statistics, the first half of the national revenue amounted to 3.3976 trillion yuan, the same period last year to reduce 83.205 billion yuan, down 2.4%.  Among them, the central level income of 1.7704 trillion yuan, down 9.4%, the local income of 1,627,214,000,000 yuan, an increase of 6.6%.  From the first half of the trend, the first 4 months of the national revenue fell 9.9%, May growth of 4.8%, June growth of 19.6%, the income growth in the past two months gradually rebounded.  The report, published by the Ministry of Finance on its website, says the main reasons include some positive changes in economic operations, which are reflected in tax-related taxes.  In addition, the 5 June liquidation of the last year's unpaid income increased some one-off income, non-tax income also increases correspondingly; In addition, the oil tax reform led to a substantial increase in consumption tax, increase cigarette consumption tax and strengthen the tax and non-tax income management factors.  Liu Huan, deputy dean of the tax School of the Central University of Finance and Economics, told CBN yesterday that from the June's fiscal and tax data, on the one hand, policy is indeed beginning to play a role, on the other hand, the main tax revenue growth rate is still not recovery, non-tax income growth far beyond the main tax, indicating  The Ministry of Finance said that the recent increase in revenue has rebounded to a considerable extent because of the oil tax reform after the transfer of consumption tax more and the impact of a number of one-off income increase, the basis for sustained revenue growth is not strong, the annual financial balance of payments contradictions are still outstanding. A high or unsustainable rise in non-tax revenue However, it is noteworthy that the revenue of the tax revenue is only 2.953 trillion yuan, down 6% per cent, non-tax income of 444.6 billion yuan, an increase of 31.4%. The proportion of non-tax revenue to fiscal revenue also rose to 13%.  2008 revenue of 6.133 trillion yuan, of which tax revenue is 5.4219 trillion yuan, non-tax income accounted for the proportion of fiscal revenue is about 11%. Non-tax revenue has played a crucial role in the rebound of fiscal revenue.  May this year the National revenue growth rate for the first time "positive", which is the main factor is due to non-tax income year-on-year increase of more than 130%, and tax revenue growth is still negative. In fact, from January 1, 2009 onwards, China canceled more than 100 kinds of administrative fees, before the abolition of a number of government funds levy.  These fees are cancelled, and it is common sense that this year's non-tax revenue should be scaled down. A previous reform by the Treasury could provide an explanation for the big increase in non-tax revenues.  In April, the Ministry of Finance issued a directive opinion on deepening the reform of local Non-tax revenue collection management, in which local non-tax revenue was collected in 3 years. That means tens of thousands of non-tax revenues that are outside the government's budget and that exist in transitional accounts and Treasuries will go into the budget.  The Treasury also issued a paper this year to govern the coffers. For the scale of non-tax income, according to the Ministry of Finance previously released data, 2007 China's full-caliber revenue of 7.76 trillion yuan, and the Ministry of Finance announced a revenue of 5.1 trillion yuan.  This means that the amount of non-tax revenue outside the budget is close to 2.6 trillion yuan.  Another reason, Liu Huan, is that the rise in land prices this year has pushed up local government revenues, but the sustainability of such income growth is worrying. Local governments have also expressed concern about the growth of such extraordinary rules. Jiangxi Department of Finance, the IRS and the tax bureau recently released a joint document revealed that, at present, there are some problems in the operation of finance and taxation, such as the serious decline of the main tax, the rapid growth of non-tax revenue, the decline of the quality of income, and even the existence of "water separation", "idling" and "excessive tax" in individual places.
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