Circular on Issues Concerning Specific Policies on the Reform of Resource Tax
Circular on Issues Concerning Specific Policies on the Reform of Resource Tax
Circular on Issues Concerning Specific Policies on the Reform of Resource Tax
Cai Shui [2016] No.54
May 9, 2016
Departments (Bureaus) of Finance and Local Taxation Bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and cities specifically designated in the state plan, Offices of State Administration of Taxation of Tibet Autonomous Region and Ningxia Hui Autonomous Region, Bureau of Financial Affairs of Xinjiang Production and Construction Corps,
In accordance with the decisions and arrangements of the Party Central Committee and the State Council, the reform of resource tax shall be advanced on a full scale from July 1, 2016. In order to conscientiously and duly carry out the reform of resource tax and ensure the effective implementation of the Circular of the Ministry of Finance and the State Administration of Taxation on Comprehensively Promoting the Reform of Resource Tax (Cai Shui [2016] No.53, hereinafter referred to as the " Reform Circular"), it is hereby notified as follows in respect of the specific policy issues of the reform of resource tax (not including water resource tax, similarly hereinafter):
I. On the Determination of Taxation Base for Resource Tax
The taxation base for resource tax is the sales value or sales volume of the taxable products, with the taxation objects for all taxable items including raw ore, concentrate (or raw ore products, similarly hereinafter), gold ingots and primary products of sodium chloride, which shall be specifically enforced in accordance with the relevant provisions of the Schedule of Resource Tax Categories and Rates appended to the Reform Circular. With respect to other unnamed mineral products, People's Governments at the provincial level may set out taxable items for the main mineral products of the respective areas according to the types of minerals, set out taxable items for other mineral products according to the types, and determine the taxation objects according to the main forms of their sales (such as raw ore or concentrate).
1.
......
Cai Shui [2016] No.54
May 9, 2016
Departments (Bureaus) of Finance and Local Taxation Bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and cities specifically designated in the state plan, Offices of State Administration of Taxation of Tibet Autonomous Region and Ningxia Hui Autonomous Region, Bureau of Financial Affairs of Xinjiang Production and Construction Corps,
In accordance with the decisions and arrangements of the Party Central Committee and the State Council, the reform of resource tax shall be advanced on a full scale from July 1, 2016. In order to conscientiously and duly carry out the reform of resource tax and ensure the effective implementation of the Circular of the Ministry of Finance and the State Administration of Taxation on Comprehensively Promoting the Reform of Resource Tax (Cai Shui [2016] No.53, hereinafter referred to as the " Reform Circular"), it is hereby notified as follows in respect of the specific policy issues of the reform of resource tax (not including water resource tax, similarly hereinafter):
I. On the Determination of Taxation Base for Resource Tax
The taxation base for resource tax is the sales value or sales volume of the taxable products, with the taxation objects for all taxable items including raw ore, concentrate (or raw ore products, similarly hereinafter), gold ingots and primary products of sodium chloride, which shall be specifically enforced in accordance with the relevant provisions of the Schedule of Resource Tax Categories and Rates appended to the Reform Circular. With respect to other unnamed mineral products, People's Governments at the provincial level may set out taxable items for the main mineral products of the respective areas according to the types of minerals, set out taxable items for other mineral products according to the types, and determine the taxation objects according to the main forms of their sales (such as raw ore or concentrate).
1.
......