The applicable tax rate of Inner Mongolia coal resources tax increased

According to the reply of the Ministry of Finance and the State Administration of Taxation on adjusting the applicable tax rate of coal resource tax of Inner Mongolia Autonomous Region (CS [2019] No. 73), the Ministry of Finance and the State Administration of Taxation agree to increase the applicable tax rate of coal resource tax of Inner Mongolia Autonomous region from 9% to 10%, and the adjustment period is from October 1, 2019 to December 31, 2021. The current 6% applicable tax rate of crude oil and natural gas resources tax in the autonomous region remains unchanged. According to the authorization of Article 2 of the resource tax law of the people's Republic of China, from September 1, 2020, the specific applicable tax rate of the coal resource tax of Inner Mongolia Autonomous Region shall be proposed by the people's Government of the autonomous region within the tax rate range specified in the tax schedule and submitted to the Standing Committee of the people's Congress at the same level, considering the grade, mining conditions and impact on the ecological environment of the coal resource as a whole It shall be decided by the National People's Congress and reported to the Standing Committee of the National People's Congress and the State Council for the record. The division proportion of Inner Mongolia coal resource tax revenue autonomous region and the League City shall continue to be implemented in accordance with the opinions of the people's Government of Inner Mongolia Autonomous Region on further improving the financial management system of the autonomous region and the League City.