Revenue Jumped 30% In The First Quarter Of This Year.

The Ministry of Finance recently released data. In the 1-3 month of this year, the national tax revenue was 1 trillion and 770 billion 255 million yuan, an increase of 467 billion 897 million yuan compared with the same period last year, an increase of 35.9% over the same period last year.

Among them, personal income tax completed 148 billion 812 million yuan, an increase of 21.3% over the same period.

The tax Ministry of the Ministry of Finance said that the tax revenue in the first quarter increased considerably compared with that of last year, but compared with 2008, it has been converted into two years' annual average growth rate of only about 10%, indicating that it has the characteristics of restorative growth.

There are three main reasons for the growth of tax revenue:

First, the income base was low last year.

Last year, total tax revenue was only 1 trillion and 302 billion 358 million yuan, down 10.3% compared with the same period last year. Secondly, the economic growth was obviously accelerated.

Industrial added value increased by 19.6% over the same period last year, and the total retail investment in fixed assets and consumer goods increased by 26.4% and 17.9% compared with the same period last year. The export price of manufactured goods increased by 5.2%, and imports and exports increased by 64.6% and 28.7% respectively. The sales of housing and automobiles increased significantly, and the profits of Industrial Enterprises above designated size increased by 119.7%. These drove business tax, consumption tax, import link tax, tariff and enterprise income tax to increase relatively fast. Third, which was the impact of last year's policy adjustment of the consumption tax increase, and the increase of income tax policy adjustment this year.

The increase of main tax categories in 1-3 months

The first big tax increases by 11.3%.

The first largest tax is 508 billion 415 million yuan of domestic value-added tax, an increase of 11.3%. compared with the same period last year, accounting for 28.7% of the total value added tax revenue.

The industries with fast growth in value-added tax are mainly concentrated in three industries, including refined oil, crude oil and pportation equipment.

The value-added tax of these three industries increased by 200.7%, 76.7% and 50.8% respectively.

The most value-added tax reduction is the value added tax of billet steel, down 36.7% from the same period last year.

The tax base of value-added tax is roughly equal to the industrial added value and the commercial added value.

Business tax increased by 41.2%

Business tax was completed at 295 billion 373 million yuan, an increase of 86 billion 158 million yuan, an increase of 41.2% over the same period last year.

For tax purposes, real estate, construction and postal business tax increased by 118%, 35.3% and 29.3% respectively over the same period.

Insurance and securities business tax increased by 76.9% and 45.3% respectively over the same period.

The main reason for the sharp increase in real estate sales tax is that housing sales volume is rising.

Last December to the first two months of this year, the sales price of housing in seventy large and medium-sized cities increased by 7.8%, 9.5% and 10.7% respectively.

Next is the rapid growth of housing sales area and sales volume.

In the first two months of this year, the area and sales of real estate sales increased by 38.2% and 70.2%.

Personal income tax increased by 21.3%

Personal income tax was completed at 148 billion 812 million yuan, an increase of 21.3%. compared with the same period last year, and the proportion of personal income tax revenue to total tax revenue was 8.4%.

The main reason for the increase of personal income tax is that the profit of enterprises increased in the second half of 2009. Most enterprises increased year-end awards and concentrated before the Spring Festival this year, while the bonus payments were less in the first quarter of last year. Secondly, the tax authorities strengthened the collection and management of personal income tax. Third, the personal income tax on the pfer of restricted stock was started in January 1, 2010, resulting in the increase of income tax on property pfer. Four, the income tax on housing pfer increased substantially.

Import tax increased by 56.3%

Import link tax revenue was 247 billion 600 million yuan, an increase of 56.3% over the previous year, and the tariff was 48 billion 253 million yuan, an increase of 48.9% over the same period last year.

Import tax accounts for 16.7% of total tax revenue.

The main reason for the sharp increase in import tax is a significant increase in total imports.

The total import volume of raw materials rose and the import of automobiles and related products surged. The total value of imports in the 1-3 months was 301 billion 680 million US dollars, an increase of 64.6%.