www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

Policy shifts may focus on luxuries, tobacco, polluters

By Jiang Xueqing (China Daily) Updated: 2016-09-08 07:42

Industry experts say that the main purpose of the much-discussed possible consumption tax overhaul is to adapt to the upgrading of the consumption structure in China.

Certain cosmetics and tires that used to be regarded as luxury goods have become everyday items for the public, leading many experts to recommend tax cuts on cheaper cosmetics, while raising taxes on luxury products and activities, including tobacco and golf.

Products that are energy-intensive or highly polluting could also be included in the scope of consumption tax collection.

Jiang Zhen, a researcher with the National Academy of Economic Strategy at the Chinese Academy of Social Sciences, said the possible expansion of consumption tax collection to top-grade services is walking in step with the value-added tax reform in May.

Reforms of the value-added tax will bring tax cuts of about 900 billion yuan ($135 billion) to 1 trillion yuan at the local government level, which is roughly the size of the consumption tax revenue, said Xu Shanda, former deputy administrator of the State Administration of Taxation. Statistics from the Ministry of Finance show that taxes on consumer goods nationwide brought in revenues of 1.05 trillion yuan last year.

According to the usual practice of previous tax reforms, the central government will provide subsidies to the local governments as a reform incentive. Many experts suggest that the government should collect consumer taxes at the retail level rather than at the production level and put them under local revenues.

Xu said moving consumption tax collection from the production level to the retail level may also create some problems, such as increasing the difficulty of tax collection and management, considering that there are multiple layers of retail in China.

An official with the department of finance from a western province of China, who declined to be named, said consumption tax revenues previously belonged to the central government, but due to policy adjustments, some of the small categories of taxation, such as solid hardwood flooring, may turn into local government revenues. Taxes on liquor consumption are also likely to be partially returned to the local government.

However, this change will bring limited growth of local revenues because more than 90 percent of consumption tax revenues come from tobacco, liquor, oil and automobiles, which are still mainly central government revenues, said Zhang Bin, director of the department of taxation studies at the National Academy of Economic Strategy of the Chinese Academy of Social Sciences.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美精品99久久久久久人 | 中文字幕亚洲另类天堂 | 黄色在线视频网 | 欧美一区二区三区播放 | 国产精品推荐 | 久久综合久久美利坚合众国 | 欧美特一级| 久草在线视频首页 | 亚洲欧美日韩在线线精品 | 在线精品一区二区三区 | 爱啪网亚洲第一福利网站 | 亚洲免费视频一区二区三区 | 亚洲精品毛片久久久久久久 | 人人草97 | 7m视频精品凹凸在线播放 | 5x社区直接进入一区二区三区 | 日本在线观看www免费 | 国产精品久久久影院 | 久草视频中文 | 中文字幕免费在线视频 | 久久精品国产99久久6动漫欧 | 色偷偷成人网免费视频男人的天堂 | 欧美一级做一级爱a做片性 欧美一欧美一级毛片 | 日本欧美色| 国产丝袜美腿高跟白浆 | 成人国产片免费 | 在线观看一区二区三区四区 | 性做爰片免费视频毛片中文i | 日韩视频在线观看一区 | 九九在线精品视频播放 | 国产精品久久久久久一区二区三区 | 毛片aaa| 成人国产精品一级毛片了 | 高清成人爽a毛片免费网站 高清大学生毛片一级 | 九九精品视频在线播放8 | 悟空影视大全免费高清 | 久久亚洲国产精品五月天 | 日本欧美一区二区三区在线 | 91久久国产精品 | 亚洲三级在线观看 | 欧美午夜a级精美理论片 |