Research On Coal Enterprise Tax Burden After Ad Valorem Taxation Application

The coal industry is the pillar of the national economy, as an important energy and raw material basis, and plays a vital role in our economy. In recent years, with economic development and resource exploitation, resource tax system which should guide the allocation of energy and resources and protect the environment, appeared to be inadequate. Therefore, the finance and the state administration of taxation issued <the Notice on the Application of Coal Resource Tax Reform>. Implement the reform of coalresourcetaxad valorem in the nationwide, ranging from 2%-10%, and clear away associated fees fund, beginning from December 1st,2014.Coal companies are the most affected ones by this reform. How can ad valorem taxation, customs fees on tax and reducing illegal tax effect coal companies? How the tax burden changes? All of above are the focus of academic and industry circles.This passage describes from the following six aspects:First of all, the introduction. Introduce the background and significance of the research, literature review, research contents and methods, and there may be a lack of innovation and insufficient.Secondly, the overview. Mainly define the resource tax, coal resource tax and the related concepts of coal enterprises, rationalize China’s reform process of coal resource tax reform, analysis changes from amount to ad valorem taxation.Thirdly, analysis of the tax system. Introduces the tax system and tax incentives in coal enterprises(including amount and ad valorem),analyze possible vulnerabilities in ad valorm taxation.Again, experience and reference. Sort out the coal enterprise tax burden experience in the United States, Russia, Australia, Canada and other countries. Put forward for reference points.Then, the empirical analysis. Filter and analyze the data of 79 listed companies, compare with other mining enterprises, making regression analysis the influencing factors of Chinese coal enterprises tax burden.Finally, conclusion. Coal enterprise tax burden is higher than any other extractive industries, and influence factors include enterprise’s scale, the proportion of assets and liabilities as well as profitability, and put forward policy recommendations.