The enterprises who purchase tobacco leaves within the territory of China shall be the taxpayers of tobacco tax.
2. Taxation Scope
Dried tobacco leaves, roasted tobacco leaves.
3. Tax Rate
Tobacco tax adopt uniform tax rate of 20%.
4. Calculation for tax payable
Tax payable= Actual payment for tobacco leaf procurement*20%
* The actual payment includes the price of tobacco leaf and additional subsidies, which shall be calculated at 10% of the purchase price.
Disclaimer
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Tax is the most important source of fiscal revenue of China. It is also an important economic lever utilized by the State to strengthen macro-economic regulation, which produces important impacts on China' s economic and social development. After the tax system reform in 1994 and the fine-tuning of it in subsequent years, China has preliminarily built up a tax system adaptable to the socialist market economy, which has been playing an important role in assuring China's fiscal revenue
Enterprises and institutions and other manufacturers and operators that directly discharge taxable pollutants to the environment in the field of China and other sea areas under Chinese jurisdiction are taxpayers of environmental protection taxes. Air pollutants: Environmental protection tax is levied on the first three items of pollutants ranked in descending order of pollution equivalents.
There are 11 kinds of taxes currently applicable to the enterprises with foreign investment, foreign enterprises and/or foreigners, namely: Value Added Tax, Consumption Tax, Income Tax on Enterprises with Foreign Investment and Foreign Enterprises, Individual Income Tax, Resource Tax, Land Appreciation Tax, Urban Real Estate Tax, Vehicle and Vessel Usage License Plate Tax, Stamp Tax, Deed Tax, and Customs Duties.
Enterprises and individuals who manufacture, entrust other companies to process and import taxable consumer goods are taxpayers of consumption tax. Qualified pure biodiesel is exempted from consumption tax;Mercury-free galvanic cell, nickel-metal hydride battery, lithium primary cell, lithium ion battery, solar cell, fuel cell, all-vanadium flow battery is exempted from consumption tax;
