Research On The Impact Of Levying Environmental Protection Tax On Iron And Steel Enterprises

In view of the increasing energy consumption and environmental pollution,China has issued the regulations on the collection and use of sewage charges and environmental protection tax law.Among them,the sewage charges were collected earlier,and they were collected by local environmental protection bureaus.With the implementation of the regulations on the implementation of the environmental protection tax law of the people's Republic of China in 2018,the regulations on the administration of the collection and use of sewage charges were abolished.Compared with the sewage charges,the tax authorities are responsible for the collection of environmental protection tax,which is of great intensity and high charging standard.The iron and steel industry is mainly engaged in industrial production activities such as ferrous metal mineral mining and processing,ferrous metal smelting and pressing.As the key object of environmental protection tax,how much impact does the environmental protection tax have on iron and steel enterprises? It is an urgent question to be answered at this stage.Based on this,starting from the system design of environmental protection tax collection,this paper makes an in-depth analysis on the production,operation and financial situation of AG company,studies the impact of environmental protection tax on iron and steel enterprises,and puts forward corresponding policy suggestions.The text of this paper is mainly divided into four parts.In the first part,the system design of environmental protection tax and the development of China's iron and steel industry are analyzed in detail.The iron and steel industry has high output and large pollutant emissions,which is the key industry to collect environmental protection tax.By comparing the environmental protection tax law in 2018 with the previous regulations on the management of sewage charges,it is found that the introduction of environmental protection tax will have an important impact on the iron and steel industry.In the second part,AG company,a typical representative of iron and steel enterprises,is selected for in-depth analysis.Through the analysis of the company's basic situation,internal and external economic environment,tax related situation and emission information,it lays the foundation for the later analysis of the impact of environmental protection tax on the company.The third part,combined with the company's annual report,uses the comparative analysis method to deeply analyze the impact of environmental protection tax on AG company.The results show that in terms of production and operation,the company optimizes the product structure,increases investment in scientific research and adds emission reduction projects after levying environmental protection tax;in terms of financial situation,the company's environmental protection tax increases,the structure of tax and surcharges changes,and the environmental protection tax indirectly affects the total operating cost and operating profit.In addition,it should be noted that in the analysis of environmental protection tax,the calculation formula of environmental protection tax is deduced,and the index of environmental protection tax impact coefficient is introduced to analyze the weight of each pollutant in the environmental protection tax,which provides convenience for enterprises in the whole society to calculate the tax.The fourth part,combined with the above analysis conclusions,puts forward policy suggestions for AG company to deal with environmental tax collection from the aspects of improving environmental tax saving measures and strengthening enterprise management.