The Annual Revenue May Break One Hundred Thousand Billion &Nbsp, And Residents' Income Will Not Run Out Of Tax.

2011/8/12 19:07:00 45

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Annual Revenue Is One Hundred Thousand Billion.

The growth of China's fiscal revenue continues to operate at a high speed of GDP growth and high inflation.

The public finance revenue and expenditure released by the Ministry of Finance yesterday showed that the whole country in July

finance

Income continued to maintain a high growth rate of 26.7%, of which, corporate income tax and personal income tax rose by more than 30% over the same period, becoming the two fastest growing tax items in major income items.

It is possible to break one hundred thousand billion a year.

In July, the national revenue was 986 billion 410 million yuan, an increase of 208 billion 92 million yuan over the same period last year.

increase

26.7%.

1~7 months, the national fiscal revenue was 6 trillion and 673 billion 992 million yuan, an increase of 1 trillion and 560 billion 695 million yuan over the same period last year, an increase of 30.5%.

From the perspective of fiscal revenue, the increase in imports at the beginning of the year and the concentration of income at the beginning of this year were the main factors affecting the growth of fiscal revenue in the beginning of this year. The national fiscal revenue increased by 36% in 1~2 months. The growth rate of income in 3 and April dropped to 26.7% and 27.2% respectively. In May, after deducting the income tax collected by the enterprises last year, the income grew by about 25%, 6 and July respectively increased by 27.6% and 26.7% respectively.

Although the implementation of personal income tax reform may affect revenue in the second half of the year

Increase

But in the case of no significant fluctuations in the economy, the industry is expected to be more than 10 trillion yuan for the whole year.

Liu Huan, vice president of the school of Taxation, Central University of Finance and Economics, said in an interview with "First Financial Daily" that the rapid growth of fiscal revenue is mainly the result of GDP pulling together with inflation. Under the background of high inflation this year, the actual growth rate of fiscal revenue should consider the impact of inflation, and the actual growth rate is not as high as the statistics show.