黄金增值税免还是征?

VAT on gold,yes or no

With emphasis on if VAT on gold to be imposed or not, the paper discusses the reform of taxation system for gold, a hot issue mattering the development of the gold industry,and a focus being widely concerned by the people in this trade. After stating that VAT should be levied on gold as a normal commodity n a principle of fare taxation, it is pointed out that gold is still one of the world-widely recognized five moneys for international clearing,and should not be taken as normal commodity. Actually there are two forms of gold, commodity gold and financial gold. Therefore, it is suggested to apply different taxation systems for different metal properties, which should be the orientation for reform of the taxation system and will ensure fare taxing. "We should understand gold taxation from a more broad view. And it is better to lead other than to block for gold administration, and to be light other than heavy for gold taxation. It is only in this way that gold producing capability will be increased and gold market developed, in turn, the total national tax revenue will be increased.", believed the author, from the view of practical situations of China’s gold industry and taking references of the tax policies of related countries. Reviewed different opinions on With-or-without VAT, the paper holds that "the reform for VAT on gold is developing towards a uniform direction, and a prevailing idea is to keep the VAT-exempt policy unchanged.

With emphasis on if VAT on gold to be imposed or not, the paper discusses the reform of taxation system for gold, a hot issue mattering the development of the gold industry,and a focus being widely concerned by the people in this trade. After stating that VAT should be levied on gold as a normal commodity n a principle of fare taxation, it is pointed out that gold is still one of the world-widely recognized five moneys for international clearing,and should not be taken as normal commodity. Actually there ...