Analysis Of The Influence Of Resource Tax Reform On Coal Enterprises

Around 2014,many experts explored the issue of the balance of coal resource tax reform in national economic development,resource conservation,environmental protection,and enterprise development through theoretical research and empirical analysis.Coal accounts for about 70% of China's energy consumption.The coal industry and related industries including power generation and transportation are important components of China's economy and are an important support for energy consumption.At present,due to a variety of factors,including the slowdown of the global economy,structural reforms on the supply side,overcapacity in the coal industry,development and use of new energy,and the impact of imported coal,most coal companies in China suffer losses.Some small coal mines are at stake.As the country is making adjustments in its energy consumption structure and the low price of the coal market,coal companies are facing downward pressure on coal sales.The coal industry has a severe overcapacity,the operation and development are struggling,and reform and transformation are imminent.The coal resource tax reform carried out in 2014 completely eliminated the quantitative measurement model from the historical stage.At the same time,it also abolished mineral resources compensation fees and various types of fee collection funds,forcing the transformation and upgrading of coal enterprises.This article is based on the coal industry in China,inquires about the financial reports of 15 coal listed companies on the Internet,analyzes the changes in their financial status and tax burden before and after the reform of the resource tax,and elaborates Shenhua Energy Co.,Ltd.as a case.First,the relevant background and theoretical basis of the coal resource tax reform were introduced.The significance of the coal resource tax reform was briefly analyzed,and the theme and purpose of this study were determined.Secondly,first introduced the development path of China's coal resource tax system,then elaborated the development process of the coal industry,focused on the production and sales of coal in China from the global coal production and sales,and briefly described the development history and development trend of coal enterprises in China.The chart gives instructions.Thirdly,we will focus on the analysis of the impact of coal resource tax reforms on enterprises,and combine the statements of 15 listed coal companies to analyze their changes in assets,operating income,profits,and taxes before and after theresource tax reform.Take Shenhua Energy Co.,Ltd.as an example to conduct a specific analysis,and present the changes in the tax burden of the company before and after the resource tax reform by means of diagrams,and the effects of the reform on the company's operating conditions,sales revenue,and sales costs.Through the comparison and analysis of the coal resource tax reform,it is concluded that the tax burden of the enterprises is reduced to a certain extent by the reform of the coal resource tax.However,when the price of coal market is reduced,the tax burden of the enterprises can be reduced by the way of pricing the price of the coal market,which is beneficial to the enterprises.On the contrary,the tax burden of enterprises will increase with the increase of coal prices,which is not conducive to the development of enterprises.Finally,according to the knowledge of the tax law,the author proposes reforms based on the difficulties faced by current resource tax reforms and how coal companies should respond to current difficulties.