Resource tax reform or spread of energy price companies to fight the "cost control" protracted war

As one of the important means of structural adjustment, the reform of the taxation system has increasingly become a topic of concern for all walks of life. In order to increase the adjustment of economic structure and improve the quality and efficiency of economic development, relevant departments are brewing to accelerate the reform of the resource tax. Previously there was news that the resource tax reform is likely to be launched next year. The main direction is to expand the scope of the collection of resource tax, increase the tax rate, and the method of collection will be changed from the current specific measurement to ad valorem.
At present, the taxation scope of China's resource tax mainly includes oil, coal, natural gas, metal minerals, non-metallic minerals, and salt. The scope is too narrow and far from reaching the goal of saving resources and protecting the environment. At the same time, the inclusion of water in the collection of resource taxes is a top priority. Experts pointed out that the current thinking of the taxation department is to change from quantity measurement to ad valorem. The industry generally speculates that the adjusted resource tax rate is likely to be set at around 3%. Quantitative measurement cannot reflect the rise and fall of resource prices, and the state tax revenue will not increase or decrease with the rise or fall in resource prices. The original intention of levying the resource tax is even harder to embody. It is difficult to form a sense of resource conservation because the tax burden on the enterprises is small.
If ad valorem assessment is implemented, the tax burden on large resource consumers will increase significantly. According to industry analysts, taking crude oil as an example, the tax rate is 8-30 yuan/ton. However, if crude oil is priced at a price of 80 US dollars/barrel and 3%, China’s crude oil resource tax The amount of tax will be about 5 times when "measured from quantity".
With the rising demand for resource tax reform, the trend of price changes in resources and energy products has become more and more noticeable. The resource tax will be transmitted downstream through the price. For the energy-based chemical industry such as chlor-alkali, it will inevitably increase the cost pressure. Chlor-alkali enterprises have frequently faced the challenge of increasing costs in recent years, and companies have also placed greater emphasis on energy-saving technological transformation and other work, and have controlled costs from details in a short period of time. At the same time, in the strategic perspective of long-term development, companies have also gradually extended upstream through the industrial chain model to achieve the goal of cost reduction. The series of policies adopted by the state to adjust the structure has greatly promoted the development of the chlor-alkali industry in terms of optimization and upgrading, and it has made clear the direction of development of energy conservation and emission reduction.

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