Research On China’s Resource Tax AD Valorem And It’s Impact

Natural resource is not only the material basis for human being, but also the important factor for supporting national economy. China is developing at the cost of resources. With the social development, he expectations of environmental conservation and transformation of the economic development mode, China’s current resource tax system exposed many problems and disadvantages. Because of the pressure of the energy saving policy, the reduction of accommodation caused by the low rate of resource, the reduction of the local fiscal revenue and the local debt crisis, In June2010, Resource tax reform experimental run in Xinjiang. The pilot reform extended to12provinces in western of China the same year in December. In the November2011, the resource reformation spread over the country. This research takes the AD valorem tax on resource tax as the main contents, and summarizes the influence of resource tax reform by researching the historical development of resource tax, analyzing the reason of resource tax AD valorem, and researching the content of it. This article takes Xinjiang province as a research object, and uses the tax multiplier theory and distributive lagging model to analyze the influence of resource tax reform on territorial economy. Finally, put forward some opinions and suggestions for how to perfect the resource tax reform.Part One gives an analysis of the background of resource tax reform, makes a summarization of literature overview, and presents a generalization of the main content and research methodologies of this thesis. Part Two makes an analysis of the history, the reasons and concrete content of resource tax. In the reform of resource tax history, the reasons and concrete content of resource tax. In the reform of resource tax, reform was made in the way of resource calculating and levying, the real condition of tax relief, comprehensive ratio of tax reduction and real ratio of tax reduction are determined, and taxation rationale standard of coking coal and rare earth is enhanced. Part Three chiefly devotes a research on the impacts arising from the reform of resource tax. This resource tax reform exerted impacts on many aspects, including all individual stockholders, the import and export of resources and resource utilization. In the reform of resource tax, three categories of stockholders are involved in, they being the government, enterprises and consumers. Part Four, making use of the tax multiplier theory and distributive lag model and taking Xinjiang Uygur Autonomous Region as its subject, conducts an analysis of the impact of resource tax reform on local economy. Part Five puts forward some viewpoints and suggestions on the improvement of resource tax reform, and points out that the reform exerts greater positive impacts.Considering this situation, our country should formulate supporting policies and improve resource tax reform so as to rationalize resource utilization and optimize industrial mix.