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8 results for keyword "resource tax"

Resource tax cut for filling mining and resource exhausted mines

The State Administration of Taxation (SAT) and the Ministry of Land and Resources jointly announced to cut resource tax for mineral resources produced via filling mining method and from resource exhausted mines on January 24th, 2017.

02-13-2017 13:49:57
A shift to price-based resource tax favors domestic iron ore miners in short term

Overall, the shift to price-based resource tax levy will lessen domestic miners’ operation pressures in the short term, albeit it is likely to drag down iron ore prices further over the long term.

05-26-2016 17:52:00
Resource tax reform seen as the latest move to ease domestic miners' burden

Similarly, the resource tax reform on iron ore is expected to alleviate cost burdens for domestic miners as well, especially at a time when prices are low.

05-12-2016 13:43:01
A price-based levy of resource tax to start on iron ore in July 2016

On the May 10th 2016, the Ministry of Finance and the State Administration of Taxation announced to implement resource tax reform on more minerals after coal, crude oil and natural gas alike shifted to a price-based tax imposition.

05-11-2016 15:41:30
Coal resource tax reforms remove CNY18.1 bln cost burden for coal sector in 2015

According to the State Administration of Taxation, a total of CNY33.3 billion resource tax was levied on the coal sector in 2015 after the levy shifted to a price-oriented mode, hiking by CNY18.5 billion or 125% on the year, while a total of CNY36.6 billion fee fund was reduced.

01-27-2016 16:08:25
Roundup: New resource tax rates for coal in various regions of China

Various provinces and cities in China initiated to implement the price-oriented resource tax levy from January 1st, 2015.

01-09-2015 14:57:35
Inner Mongolia unveils conversion rate of washed coal for resource tax levy's sake

On January 4th, 2014, the financial and taxation authorities in Inner Mongolia Autonomous Region issued a table of conversion rates for washed coal, which will be used to calculate the amount of resource tax to be paid for the product in the region. It would take effect on December 1st, 2014.

01-08-2015 16:49:07
Shanxi proposes to set coal resource tax at 8%

The measure of levying coal resource tax based on prices, planned to be in place on December 1st, has to be postponed for several days. Shanxi province decided to slap an 8% resource tax on coal miners the other day, which had been forwarded to the Ministry of Finance for approval

12-04-2014 13:35:12

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