Research On The Impact Of Resource Tax Reform On Coal Industry ——Taking Shanxi Province As An Example

As a basic mineral energy,coal occupies a large proportion in China’s energy consumption.China’s coal consumption rose 0.6 percent in 2020 compared with 2019,and accounted for 56.8 percent of total energy consumption,according to the National Bureau of Statistics.On September 1,2020,China officially passed the legislation of resource tax.The shift from quantity to price of coal resource tax has had a significant impact on the coal industry,enterprise operation,local finance and other aspects.Based on this,this paper starts from the coal resource tax,through the empirical analysis of the changes in production and operation of listed coal companies in Shanxi Province caused by the resource tax reform,discusses the impact of the coal enterprises in Shanxi Province on the tax burden after the coal resource tax reform,and analyzes the various factors causing the tax burden change.Then put forward some suggestions on shanxi coal enterprises’ production and management.First of all,by reading and sorting out the existing research literature,this paper compares the researches of domestic and foreign scholars on the coal tax and fee system and the tax burden of coal enterprises,which provides a theoretical basis for this paper.Secondly,it makes a brief introduction to the situation of the coal industry in Shanxi Province,and compares the situation of the collection of the coal industry in Shanxi Province before and after the resource tax reform.It introduces the specific policy changes of the coal industry in Shanxi Province since the implementation of the current round of resource tax reform and the specific impact on the coal industry in Shanxi Province.Then collect and sort out the relevant data and materials of shanxi coal enterprises in the production and operation,through the econometric model to carry out multiple linear regression empirical analysis,first sort out the data of shanxi coal listed companies in the 15 years from 2006 to 2020 before and after the resource tax reform of tax burden changes.The comprehensive tax burden of enterprises is estimated from the aspects of resource tax burden,coal price index,inventory turnover rate and total asset scale,and the previous three indicators are taken as explanatory variables.In order to prevent randomness in the research process,the total asset scale index of enterprises is set as a control variable.Finally,through empirical estimation,it is found that there is a positive correlation between resource tax burden,coal price and comprehensive tax burden of coal enterprises after the resource tax reform in Shanxi Province,there is a negative correlation between inventory turnover and comprehensive tax burden of enterprises,and there is no significant correlation between enterprise asset scale and comprehensive tax burden.Through empirical research on coal industry in Shanxi Province,this paper puts forward feasible countermeasures and suggestions for the two main bodies of government and enterprises: First is the shanxi provincial government can to improve the optimization of resource tax after the reform,the existing resource now,add more detailed items category,the items by adding the surface water and groundwater Deng Zi tax items,such as forest,grassland ecological resources should also be classified into the scope of tax,adding of coalbed methane in the coal resource tax items,such as,by perfecting the tax to reduce waste of resources;Secondly,it is necessary to accurately quantify the negative external costs and environmental governance costs of enterprises to enhance their sense of responsibility.For coal enterprises,first of all,we can reduce the resource tax burden by extending the product line of enterprises and improving the recovery rate.Secondly,we can increase the investment in RESEARCH and development to digitally empower the coal industry and realize the diversification of the coal industry.