Resource tax reform plan submitted

Guo Xiaolin,deputy director of the State Administration of Taxation General, said on a news conference on July 16 that the pilot program of the resource tax reforms has been submitted to the State Council. According to the program, the Resource taxation scope will be expanded, from oil and gas resources to other products.

It is known that the next step of the reform of resource taxes to replicate and expand the law of the resource tax nationwide. To this end, the State Department is revising the resource tax regulations. Amendments are also related to ad valorem taxation system to the range of taxation and so on.

 

Shanghai Security News

Translated and edited by Peng Bo, he is now an editor and author of m4.cn, write to him at pb.bloomberg@gmail.com

Leave a Reply