Can the most popular increase in consumption tax o

2022-08-07
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Can raising the consumption tax on refined oil curb oil consumption

according to the notice on raising the consumption tax on refined oil issued by the Ministry of Finance and the State Administration of Taxation on November 28, from 0:00 on November 29, the unit tax of consumption tax on gasoline and diesel will be increased by 0.12 yuan and 0.14 yuan per liter respectively, equivalent to 225 yuan and 220 yuan per ton of gasoline and diesel respectively

the nine consecutive falls in the expectation of domestic consumers. Why should the consumption tax on refined oil be raised? It should be said that this is mainly based on the policy arrangement made in the current severe situation of China's energy security and energy conservation and emission reduction

some people will ask, can raising the consumption tax on refined oil really curb oil consumption? China's transportation energy consumption accounts for nearly 60% of oil consumption. In the short term, the price demand elasticity of this part of oil consumption is indeed small. As for private cars, only when the price of refined oil rises to a certain critical point can it play a role in reducing private car travel. However, in the long run, the combination of the correction of international oil price and the increase of oil consumption tax will make other alternative energy sources in transportation more economical, especially the cost advantage of new energy vehicles, which will undoubtedly stimulate the development of fuel saving and new energy technologies in 6016

it is worth mentioning that in the process of raising the consumption tax this time, the state has made it clear that the new revenue is mainly used in the following aspects: first, increase the financial funds for environmental pollution control and climate change; Second, it is used to promote energy conservation and encourage the development of new energy vehicles. Such expenditure arrangements have promoted environmental improvement and the development and application of new energy vehicles through financial transfer payments

after the increase of oil consumption tax, is the tax burden of China's oil consumption tax too high? According to the data disclosed by the Ministry of Finance and the State Administration of Taxation, measured by the proportion of refined oil turnover tax in the tax inclusive retail price of oil products, developed countries such as the European Union have a heavy tax burden on oil products. The turnover tax burden on gasoline and diesel is 56% and 50% respectively, including screw drive and rack drive, respectively. The turnover tax burden on gasoline and diesel in Japan is 42% and 30% respectively, and the turnover tax burden on gasoline and diesel in South Korea is 52% and 43% respectively. After China raises the unit tax level of refined oil consumption tax this time, the turnover tax burden of gasoline and diesel will be increased from 32% and 29% to 34% and 31% respectively

compared with 120 ° diamond cone and 1.587mm and 3.175mm steel balls in horizontal Rockwell hardness test, the turnover tax burden of product oil in China is not high. Of course, compared with the 30% oil consumption tax levied by the United States in the oil circulation, the tax burden of refined oil in China is slightly higher. However, the tax burden level of refined oil must adapt to a country's resource endowment and environmental protection requirements. Compared with the United States, China's oil resource endowment and oil supply guarantee ability are obviously weak. According to the data of BP, with the exploration and development of shale oil, the net oil import volume of the United States in 2013 was about 6.52 million barrels/day, and it showed a declining trend; In 2013, China's net oil import was about 7million barrels/day, and it is still growing. More importantly, the oil imports of the United States mainly come from Canada and Mexico in North America and Venezuela in South America. Even if the United States cannot achieve "oil independence" in the short term, it can also achieve "energy independence" in the Americas. When the United States imports oil from these oil producing countries, it generally faces minimal political investment and corporate governance risks, and the transportation channel is more secure. In addition, the tax structure varies greatly from country to country. The tax structure of the United States is dominated by direct taxes such as income tax, supplemented by turnover taxes such as value-added tax and consumption tax; The tax structure of our country is just the turnover tax such as value-added tax, business tax and consumption tax. This difference in tax structure also leads to the unscientific method of simply comparing the consumption tax level of China's refined oil with that of the United States. On the whole, China's oil consumption tax is still at a relatively reasonable level compared with neighboring countries

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