T A B L E 4 . 7 Bases, Rates, and Relative Importance of Local Taxes and Charges Tax base
Tax rate
Urban maintenance and construction tax Vehicle purchasing tax Agriculture and animal husbandry tax Tax on special products Contract tax Housing property tax
VAT and business tax Vehicle purchase cost Agriculture and animal husbandry earnings Cost of identified special agriculture products Contract value Assessed value of housing property or rental income
1–7% 0.1% Average 15.5% 5–10% 3–5%
Educational surcharge Stamp tax Pollution charge Urban and township land use tax
VAT, business tax, and consumption tax Transaction value on documents Pollution Occupied urban and town land
Farmland occupation tax Resources tax Land appreciation tax Vehicle and vessel use tax
Occupied farmland Gas, oil, minerals, salt Increasing value of real estate transaction Vehicle or vessel
Fixed asset investment tax Slaughter tax Banquet tax
Investment amount Cost of slaughter animals for food Payment for banquet
Assessed value of housing property: 1.2% Rental income: 12% 0.03% 0.003–0.05% Varies for different types of pollution 0.2–10 yuan per square meter, based on location and rank of the land 15–150 yuan per acre 0.3–60 yuan per ton 30–60% Vehicles: 2–320 yuan Vessels: 0.4–5 yuan per ton 0–30% 0.1% 15–20%
5.55 4.82 4.30 3.64
3.29 2.34 2.18 0.95 0.93 0.91 0.85 0.38 0.33 0.05 0.02 0
151
Source: Data from Ministry of Finance and State Administration of Taxation of China.
Share of local revenue, 2003 (%)
Local Government Organization and Finance: China
Taxes
