June National tax revenue is growing for the first time this year

Source: Internet
Author: User
The Ministry of Finance announced yesterday "the first half of 2009 tax revenue Structural Analysis" report, the previous June national tax revenue of 2,953,007,000,000 yuan, down 6%, a reduction of 189.568 billion yuan, the securities transaction stamp duty revenue completed 24.679 billion yuan, down 74.5%.  In the first half of the month, the monthly tax receipts fell gradually narrowed, and the reduction in stamp duty on securities transactions slowed monthly, achieving positive growth for the first time in June, by 40.6% per cent. The report shows that part of the first half of the production-related taxes still reduce. In the previous June, in addition to consumption tax, business tax, personal income tax growth of 63.1%, 6.4% and 0.7% respectively, the domestic value-added tax fell 3%, import link tax fell 14.9%, corporate income tax fell 13.8%, the tariff fell 29.9%.  It is noteworthy that in the first half of this year, tax revenues related to land, housing holdings and transactions were growing faster. The gradual narrowing of the monthly tax receipts is an important feature of the first half of the tax revenue. The monthly tax receipts were reduced in January-May this year, but the decline showed a narrowing trend.  June National tax revenue of 548.356 billion yuan, an increase of 12.2%, an increase of 59.514 billion yuan. According to the Ministry of Finance, the main reason for the gradual narrowing of the tax revenue in the first half of the year is: the increase in the income of the oil tax reform; The increase in the number of new RMB loans and the apparent activity of stock turnover have led to a pick-up in the financial insurance business tax; since March, some  Real estate and other related tax relatively fast growth, stock trading and the same period last year significantly active, investors will rebound in the market. At the same time, the reduction in stamp duty on securities transactions slowed down from 95.7% in January to 39.8% in May, the first positive increase in June. The Treasury Department explained that the main reason for the continued reduction in stamp duty on securities transactions was the imposition of unilateral and low tax rates, which were significantly lower than the bilateral and high tax rates imposed in the first 4 months of last year, resulting in a sharp decrease in taxes. The positive growth in June was mainly due to a marked improvement in the market and active trading.

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