国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economy

Tax revenue doubles over five years

By Li Woke (China Daily)
Updated: 2011-01-11 09:59
Large Medium Small

BEIJING - China's tax revenues jumped to 7.74 trillion yuan ($1.17 trillion) in 2010, double that of five years ago, the State Administration of Taxation said on Sunday.

In 2006, tax revenue was 3.76 trillion yuan. That figure climbed to 5.42 trillion in 2008 and 6.31 trillion in 2009.

Last year's record tax income included 732.8 billion yuan of tax refunds, but excluded tariffs, and taxes on tonnage, farmland occupation and deeds, the tax bureau said.

Related readings:
Tax revenue doubles over five years Fiscal revenue growth to slow
Tax revenue doubles over five years Govt vows to improve local tax system
Tax revenue doubles over five years Central SOEs' tax payments in 2009 up 10.1%
Tax revenue doubles over five years China budgets 1.05t yuan of fiscal deficit for 2010 

"It's time to change the fiscal mechanism," said Li Yang, deputy head of the Chinese Academy of Social Sciences (CASS), an economist close to the drafting of the 12th Five-Year Plan (2011-2015), the nation's development strategy for the next five years. "The existing framework is not in line with rapid economic growth and new, emerging problems."

The readjustment is expected to include taxes on property resources, among others.

Earlier reports said that the central government will levy property tax on luxury housing in the cities of Chongqing and Shanghai, and will collect a resource tax nationwide this year to increase income and reduce debt for local governments.

For many years, local finance has been over-dependent on land sales that are believed to be behind soaring home prices.

Moreover, China has reportedly drawn up a framework for personal income tax reform by raising the taxable threshold to narrow the gap between rich and poor.

In addition, policymakers might replace business tax with value-added tax, from which relevant companies would benefit through increased tax deductions.

Liu Zuo, director of the Taxation Science Research Institute affiliated to the State Administration of Taxation, said that the proportion of direct taxes such as income tax and real-estate-related tax would rise gradually, but the principal level of indirect duties such as value-added tax would not change during the next five years.

Last month, the Finance Minister Xie Xuren said at the national fiscal work conference that funds will also need to be earmarked for the taxation reforms in key sectors such as education, health and social security to improve the livelihood of the public.

"Another problem which needs to be addressed is to include the government's non-tax revenue in budget management," said Liu.

The move would make the use of government income more transparent, analysts said.

"The use of non-tax income must be considered and coordinated together with tax revenue," Liu said.

In 2009, the fiscal revenue of the government accounted for 32.2 percent of GDP.

五河县| 皋兰县| 祁连县| 红桥区| 哈巴河县| 红桥区| 昌都县| 鲁甸县| 大足县| 宣城市| 海城市| 莎车县| 都兰县| 清镇市| 连州市| 定远县| 台中市| 南澳县| 新昌县| 临洮县| 彭泽县| 青铜峡市| 荆州市| 三河市| 始兴县| 通化县| 宣威市| 睢宁县| 天全县| 寻甸| 胶南市| 黄大仙区| 耒阳市| 尼勒克县| 余干县| 建水县| 靖宇县| 新郑市| 吉隆县| 海兴县| 安吉县|