The Influence Of Tax System Reform In Petrochemical Industry On The Fiscal Revenue Of Tianjin

Since the tax system reform in 1994,the petroleum and petrochemical industry tax policy has experienced two major adjustments.Petroleum and petrochemical enterprises in fixed assets input tax deduction and second,petroleum and petrochemical enterprises provide production services to VAT.These tax policies compared to before the tax reform,indeed in a certain extent reduce the petroleum and petrochemical enterprises in the tax burden,but from the point of view of sustainable development,still not enough to solve the problem of the sustainable development of the petroleum and petrochemical enterprises,and in the implementation process,there are many limitations.In Tianjin city,the existing petroleum and petrochemical enterprises,for example,tax system on the existing problems are: the productive labor services for the tax deal with fuzzy boundaries;the tax reform leads to increase the tax burden in the petroleum and petrochemical industries;resources tax and local administrative charges overlap;as tax within the price of refined oil consumption tax system is unreasonable;lack of local special policy support the oil companies to enhance domestic and international competitiveness;on the sustainable development of resources and the environment considered enough.The short term tax structure does not exist huge adjustment as the major premise,under this premise,draw lessons from the rest of the world major oil industry developed countries the tax policies and measures,according to the present situation of petroleum and petrochemical industries in the economic structure of Tianjin city accounted for ratio,the proposed two levels of national and local,to adjust the petroleum and petrochemical industry local taxes and administrative fees,in order to deepen tax system reform of petroleum and petrochemical industry,balance the central tax income distribution,adjusting the structure of Tianjin financial income,alleviate burden pressure of petroleum and petrochemical industry.Specific policies are: Petroleum and petrochemical industry from the United States,the implementation of consumption based value-added tax;compared to other industrial enterprises,a modest decline in petroleum and petrochemical industry value-added tax;the introduction of detailed provisions on specification framework,scope of productive services in petroleum and petrochemical industry is defined;income tax on the report of environmental protection tax legislation will,adjust the resource tax rate at the same time.Clear the oil and petrochemical industry resource tax concessions;resource conditions,of important oil geological conditions,mining degree with evaluation,and make the corresponding income tax rate is adjusted according to the evaluation results;change of refined oil consumption tax is essential;appropriate to reduce the refinery crude oil import tariffs,limited processing business of refined oil storage;and sales of enterprises,establish strategic oil reserves exemption mechanism;for tax reform,adjust the structure of financial income in Tianjin.