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    The Ministry Of Finance Said That The Attitude Towards Luxury Tax Has Not Changed.

    2011/9/14 11:36:00 41

    Treasury Import Tax On Luxury Goods Tax

    On whether to adjust luxury goods

    Import duty

    The issue again raised concerns.

    Recently, some media said that the reduction of the luxury tax rate is a consensus among various departments, and it will be clear at the end of the year.

    Officials from the Ministry of Finance said yesterday that the Treasury's attitude towards luxury import tax has not changed since then.

    It is reported that the Ministry of finance did not approve of lowering the import tax on luxury goods.


    Consensus on tax pfer


    Recently, there were media reports.

    Ministry of Commerce

    The officials of the Ministry of Finance and the State Administration of Taxation and other experts and experts participated in the "world luxury" forum. They had a relatively consistent attitude towards luxury tariff adjustment.

    Hierarchical tax adjustment means that the luxury tariff adjustment can not be cut across the board. It is necessary to define and subdivide the luxury goods and adjust the tax burden in a hierarchical way. For the mass luxuries, such as cosmetics and perfume, which are closely related to daily life, the import tax and consumption tax should be appropriately reduced.


    The media quoted the analysts' view that the attitude of officials and experts in various departments of the forum may reflect that the relevant departments have reached a consensus on this issue.


    The Ministry of Finance said the attitude has not changed.


    "As far as I know, the attitude of the Ministry of finance to luxury tax has not changed."

    Ministry of finance related department officials said yesterday that the adjustment of tax policy is generally based on the Ministry of finance. The adjustment of luxury import tax has great impact on the industry. If there is any adjustment, the Ministry of finance will announce it for the first time, but at present, the attitude of the Ministry of finance has not changed.


    In June 15th, the spokesman of the Ministry of Commerce made the first public statement that China will further reduce import tariffs, and there is a consensus among various departments.

    But since then, the news shows that the "consensus" has not been reached. Officials from the Ministry of Finance said later that they had not heard that the import tariff of high-end consumer goods should be adjusted.


    Subsequently, the Ministry of Finance official

    website

    On the front page, an article entitled "no cancellation or reduction of import consumption tax on luxury goods" has been published by its subordinate media. The article quotes Liu Shangxi, deputy director of the Financial Science Research Institute of the Ministry of finance.

    This is totally different from the opinion of the Ministry of Commerce on lowering the import tax on luxury goods.

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