Three questions to be settled for taxation of coal companies
2018-05-13 14:01:04
The China Coal Economic Research Association recently completed a special survey of 13 state-owned and state-controlled large-scale coal enterprise groups such as Shenhua Group and China Coal Energy Group. The overall tax burden of large-scale coal enterprise groups has been increasing year by year since 2006, including coal products. Tax and administrative expenses have increased substantially, and the tax burden on non-coal industries has been reduced.
According to the investigation and analysis, there are three specific reasons for the heavy tax burden on coal products of large-scale coal enterprise groups: one is that the scope of coal VAT deduction is too narrow, the transformation is not in place, and the VAT tax burden is high; second, the cost accounting of coal enterprises is incomplete. Some of the hidden costs have not been incorporated into the costs in a timely manner, leading to high corporate profits and heavy corporate income tax. Third, the coal industry is tangled in taxes and fees, the design is irrational, and some projects are repeatedly levied. How to make the level of coal and chemical enterprises tax more reasonable and reasonable, the above three major issues have yet to be resolved.
From 2006 to 2009, the total sales revenue of the surveyed enterprises increased by 116.46%, while the total tax payment increased by 135.77%, and the increase in tax payment exceeded the growth rate of sales revenue by 19.31%. The overall tax burden of coal companies increased year by year, from 12.71% in 2006 to 13.84% in 2009, an increase of 1.13 percentage points. From 2006 to 2009, the average tax burden of the surveyed enterprises was 13.45% annually. From 2004 to 2006, the annual average tax burden of the 22 state-owned and state-controlled large coal enterprise groups surveyed by the China Coal Economic Research Association was 11.51%. Although there are differences in the number and target of the two surveyed companies, the main and basic samples are the same. It can be seen that the overall tax burden of coal companies is increasing.
The survey shows that the taxation and administrative costs of coal products have increased significantly in recent years. Since 2006, the sales income of coal products of the surveyed enterprises has increased rapidly. In 2009, it increased by 79.38% compared with 2006. However, the increase in taxes paid to the country was even greater, with an increase of 152.07% in 2009 compared to 2006. The average tax burden on corporate coal products increased from 13.9% in 2006 to 19.64% in 2009.
According to the analysis, the increase in tax burden on coal products in the past two years has been rapid, which is mainly due to the fact that the value-added tax restructuring is not in place and the coal resource tax revenue increase standards have been raised.
Prior to 2009, coal enterprises adopted a production-type value-added tax with a tax rate of 13%, and they were not able to deduct the value-added tax included in fixed assets (mechanical equipment). Since January 1, 2009, the state has fully implemented the transformation of value-added tax, the implementation of consumer-type value-added tax, input tax fixed assets deductible, the coal industry's VAT tax rate increased to 17%. As there is no consumption of raw materials for coal production, the deductible purchases only account for about 20% of the sales revenue of products, which is much lower than the ratio of about 70% of the general industrial products. As a result, coal enterprises cannot only obtain the value-added tax transformation in this round. However, the burden is further increased.
In terms of coal resource tax, statistics from the National Bureau of Statistics show that in 2005, the country collected a coal resource tax of 3.812 billion yuan, with an average resource tax of 1.77 yuan per ton of raw coal. The survey of 13 large coal enterprise groups shows that the average resource tax per ton of raw coal in 2008 and 2009 was 2.79 yuan and 3.42 yuan respectively.
According to the 2007 "Research on the Reform of Coal and Gas Enterprise Taxes and Fees System," the average level of administrative cost burden for large-scale coal enterprises in 2006 was 5.16%. The average level of administrative cost burden for large-scale coal enterprise groups in 2009 was 10.65%. It has more than doubled since 2006.
Administrative expenses mainly include three categories. The first is the government-approved government approved by the State Council, which mainly includes railway construction and construction surcharges, port construction fees, coal price adjustments, and coal sustainable development. The second category is fees for coal resources, which mainly include mineral resources compensation fees, mining rights fees, mining rights and water resources fees. The third is environmental fees. The major impact on coal companies is mainly the restoration of mine environmental governance, coal gangue discharge, and mine water discharge fees.
The administrative cost burden of coal products varies greatly from region to region. The administrative burden of coal products in Shanxi is the heaviest. Inner Mongolia, Shaanxi, and Ningxia are heavier. Shandong, Anhui, Jiangsu, and Hebei are lighter.
The survey found that the income tax of coal enterprises has not changed significantly in recent years, which is the same as the previous period. Other taxes and fees, such as business tax and education surcharges, have increased year by year.
The average tax burden of the non-coal industry of the surveyed enterprises from 2006 to 2009 decreased year by year from 13.05% in 2006 to 4.76% in 2009, a decrease of 63.52%.
According to the investigation and analysis, there are three specific reasons for the heavy tax burden on coal products of large-scale coal enterprise groups: one is that the scope of coal VAT deduction is too narrow, the transformation is not in place, and the VAT tax burden is high; second, the cost accounting of coal enterprises is incomplete. Some of the hidden costs have not been incorporated into the costs in a timely manner, leading to high corporate profits and heavy corporate income tax. Third, the coal industry is tangled in taxes and fees, the design is irrational, and some projects are repeatedly levied. How to make the level of coal and chemical enterprises tax more reasonable and reasonable, the above three major issues have yet to be resolved.
From 2006 to 2009, the total sales revenue of the surveyed enterprises increased by 116.46%, while the total tax payment increased by 135.77%, and the increase in tax payment exceeded the growth rate of sales revenue by 19.31%. The overall tax burden of coal companies increased year by year, from 12.71% in 2006 to 13.84% in 2009, an increase of 1.13 percentage points. From 2006 to 2009, the average tax burden of the surveyed enterprises was 13.45% annually. From 2004 to 2006, the annual average tax burden of the 22 state-owned and state-controlled large coal enterprise groups surveyed by the China Coal Economic Research Association was 11.51%. Although there are differences in the number and target of the two surveyed companies, the main and basic samples are the same. It can be seen that the overall tax burden of coal companies is increasing.
The survey shows that the taxation and administrative costs of coal products have increased significantly in recent years. Since 2006, the sales income of coal products of the surveyed enterprises has increased rapidly. In 2009, it increased by 79.38% compared with 2006. However, the increase in taxes paid to the country was even greater, with an increase of 152.07% in 2009 compared to 2006. The average tax burden on corporate coal products increased from 13.9% in 2006 to 19.64% in 2009.
According to the analysis, the increase in tax burden on coal products in the past two years has been rapid, which is mainly due to the fact that the value-added tax restructuring is not in place and the coal resource tax revenue increase standards have been raised.
Prior to 2009, coal enterprises adopted a production-type value-added tax with a tax rate of 13%, and they were not able to deduct the value-added tax included in fixed assets (mechanical equipment). Since January 1, 2009, the state has fully implemented the transformation of value-added tax, the implementation of consumer-type value-added tax, input tax fixed assets deductible, the coal industry's VAT tax rate increased to 17%. As there is no consumption of raw materials for coal production, the deductible purchases only account for about 20% of the sales revenue of products, which is much lower than the ratio of about 70% of the general industrial products. As a result, coal enterprises cannot only obtain the value-added tax transformation in this round. However, the burden is further increased.
In terms of coal resource tax, statistics from the National Bureau of Statistics show that in 2005, the country collected a coal resource tax of 3.812 billion yuan, with an average resource tax of 1.77 yuan per ton of raw coal. The survey of 13 large coal enterprise groups shows that the average resource tax per ton of raw coal in 2008 and 2009 was 2.79 yuan and 3.42 yuan respectively.
According to the 2007 "Research on the Reform of Coal and Gas Enterprise Taxes and Fees System," the average level of administrative cost burden for large-scale coal enterprises in 2006 was 5.16%. The average level of administrative cost burden for large-scale coal enterprise groups in 2009 was 10.65%. It has more than doubled since 2006.
Administrative expenses mainly include three categories. The first is the government-approved government approved by the State Council, which mainly includes railway construction and construction surcharges, port construction fees, coal price adjustments, and coal sustainable development. The second category is fees for coal resources, which mainly include mineral resources compensation fees, mining rights fees, mining rights and water resources fees. The third is environmental fees. The major impact on coal companies is mainly the restoration of mine environmental governance, coal gangue discharge, and mine water discharge fees.
The administrative cost burden of coal products varies greatly from region to region. The administrative burden of coal products in Shanxi is the heaviest. Inner Mongolia, Shaanxi, and Ningxia are heavier. Shandong, Anhui, Jiangsu, and Hebei are lighter.
The survey found that the income tax of coal enterprises has not changed significantly in recent years, which is the same as the previous period. Other taxes and fees, such as business tax and education surcharges, have increased year by year.
The average tax burden of the non-coal industry of the surveyed enterprises from 2006 to 2009 decreased year by year from 13.05% in 2006 to 4.76% in 2009, a decrease of 63.52%.