Gao Jun: liquor consumption tax adjustment is to rationalize the regional tax

" Liquor Consumption Tax Adjustment, on the South China Wine Enterprise advantages outweigh the disadvantages, is expected to equalize the current level of pay received huge disparity between different regions, so that business competition to return to the same starting line. "South senior high in a large wine enterprises Jun (not his real name) said to this reporter on the 27th.

Open liquor industry "hidden rules"

Much liquor concern to the industry "Liquor Consumption Tax, Administration of the lowest tax price (for Trial Implementation)" (hereinafter referred to as "measures"), recently released by the State Administration of Taxation. "Measures" that maintaining the same ad valorem duty of 20% under the prerequisite of large wine liquor consumption tax corporate minimum tax price, approved their respective Sell The company's external sales price 60% -70% range. "Measures" before the liquor tax methods and the core difference is that tax bases are different??? Used to be tax ex-factory price by liquor manufacturers, a lot of large liquor companies for this purpose set up its own sales company, will be sold to marketing companies cheap liquor, and then sold to marketing companies with high value dealers, this tax avoidance.

"The country's liquor business has its own sales company, Maotai , Wuliangye , Luzhou (market share it) sales to large enterprises from wine Marketing Sale of the company's 'ex-works' very low turn out by the sales company terminal to another wholesaler or 'ex-works' very high difference between the two can often be doubled. "Liquor industry veteran, said the" measures "implemented, would make a greater quantity of liquor taxes raised in order to Wuliangye, for example, prior to its ex-factory price is 469 yuan per bottle, according to the price of 60% -70% to calculate the consumption tax minimum tax price, that is, 281.4-328.3 dollars, consumption tax of 20% for this price, namely a bottle of ad valorem taxes amounted to 56.28-65.66 dollars.

"Liquor consumption tax readjustment, the South China wine enterprises more good than harm, is expected to equalize the level of current income to pay a huge disparity between different regions, so that business competition to return to the same starting line." Wine enterprises in South China in a large high-Jun to the top Daily News reporter said. "As the national liquor tax, but because of the intensity of local government taxation apparent inconsistency led to a serious regional tax costs is unfair. To white wine in your main producing provinces of Sichuan, for example, 100 to the real price of liquor taxes are as low as 20 yuan. while the same wine in southern China, just the consumption tax and value-added tax, excluding income tax, tax on up to 35 yuan. "said Gao Jun, the tax is a serious imbalance in the liquor industry, the open secret," hope that the new Government consumption tax can truly reflect the spirit of strict taxation, so that inter-regional tax collection and a more equitable, so that parts of the development gap between the liquor reduced to some extent. " Reduce the performance impact

increase is inevitable New Deal in the tax pressure, the current majority to wait and see mainly the major wines. Dongguan Leader Wuliangye flagship store, said to this reporter, currently the company's price increases have not received notification, inventory and sales all normal. Jiannanchun, Shuijingfang (market share it) sales company said, has not yet heard Prices News. Luzhou side to confirm the idea of no price increases. Deal of the tax is the most sensitive Maotai, according to its dealers, said a Guangzhou, is now no goods, though no price increase, however, rumors of price increases has not stopped, so end-retail price from more than 500 yuan rose to 660-680 yuan.

Securities analyst, said, according to the 2008 report estimated that the new policy liquor consumption tax levy may result in listed companies net profit fell 15% -20%. SW (market share it) is also calculated, if required in the future sale of the company's liquor business to the ex-factory price of not less than half, Moutai (market share it), Wuliangye, Luzhou, Shuijingfang, Tuopai song wine (market share it) affect the performance range of 7.1%, 19.9%, 16.3%, 9.1%, 60.9%. Analysts believe that the liquor companies to reduce the toll on the performance of the New Deal.

I am an expert from China Product, usually analyzes all kind of industries situation, such as sandwich toasters , sandwich maker toaster.

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