Twelfth Five-Year Plan for Consumption Tax

Recently, the Ministry of Environmental Protection issued the “12th Five-Year National Environmental Protection Regulations and Plans for the Construction of Environmental and Economic Policies”, which clearly stated that it will cooperate with the taxation and taxation authorities to incorporate products that seriously pollute the environment and consume large amounts of resources into the scope of excise tax, and revise the excise tax items. Tax rate table.

The plan also mentioned that in the future, environmental and economic policies will gradually improve the environmental protection fee system, and will gradually increase the standard for charging heavy metal pollution and organic pollutants.

At the same time, in the aspect of price policy, the plan proposes to promote the formulation of differentiated tariff policies for industries with high energy consumption and high pollution, and encourage enterprises such as sewage treatment, sludge harmless treatment, de-NOx removal from non-power industries, and waste treatment facilities. Policy preferences, and research and development of coal-fired power plant flue gas denitrification and de- mercury pricing policies, and policy support for renewable energy generation, waste heat power generation and waste incineration power generation preferential access to the Internet and other policies.

It can be seen from the plan that the "Twelfth Five-Year Plan" will continue to push forward efforts in energy conservation and emission reduction. The levying of consumption tax on high-pollution products is indeed a measure to force enterprises to achieve transformation and upgrading of energy-saving and emission reduction, especially for many high-energy, high-pollution hardware and electromechanical industries, or even more significant.

The author believes that levying consumption taxes on high-pollution products will undoubtedly increase the cost pressures of hardware and electromechanical companies. Enterprises must ensure product profits and increase product market prices. They will pass on the tax pressure to consumers, thus affecting the sales of products. If enterprises want to seize the market with price advantage, their profit margins will also be compressed accordingly.

Recently, both the subjective policy and the objective market environment have exerted great pressure on the hardware and electronic machinery industries. In recent months, the coal shortage, electricity shortage, and diesel shortage have constantly stimulated the nerves of the electromechanical companies. Forcing companies to have to consider how to save energy and reduce emissions, which has been related to the fundamental business enterprises to survive.

In this regard, the author believes that the following two points need the attention of hardware and electromechanical companies.

First, in the task of energy saving and emission reduction, the pressure of hardware and electromechanical companies is certainly great, but enterprises should not subjectively regard it as a painful burden and task. Energy conservation and emission reduction will certainly eliminate many enterprises with backward production capacity. However, for many companies, it is also an opportunity to transform progress.

Fundamentally speaking, energy conservation and emission reduction is an inevitable trend. Only when companies adapt to the trend can they adapt to the new development of the times. The more companies want to get rid of the pain of transformation, the more they must think of ways to speed up the process of transformation.

Second, to promote structural optimization and technological advancement, this is an important means of doing a good job of energy-saving emission reduction. On the one hand, enterprises can rapidly complete energy-saving and emission-reduction layout through the introduction of advanced technologies, mechanical equipment and devices. On the other hand, enterprises must also improve their independent innovation capabilities, cultivate innovative talents, and steadily develop their core technologies to create future market competitive advantages and economic growth points.