These Detailed Rules are formulated in accordance with the Interim Regulations of the People’s Republic of China on Resource Tax. The Text consists of 16 articles. There two Annexes: 1. List of Taxable Items and Tax Rates of Resource Tax as attached to these Detailed Rules; 2. Grades of Several Major Mineral Resources. The specific rate of resource tax applicable to taxable products shall be governed by the List of Taxable Items and Tax Rates of Resource Tax. Grading of mineral products shall be governed by the Grades of Several Major Mineral Resources. For taxable products subject to grading of resources, the tax rate applicable to a taxpayer not listed in the Grades of Several Major Mineral Resources shall be determined, within a floating range of 30%, by the government of a province, autonomous region or municipality directly under the Central Government on the basis of the resource conditions of the taxpayer and by reference to the tax rates for adjacent mines or mines with similar resource conditions and exploitation conditions as determined in the List of Taxable Items and Tax Rates of Resource Tax and the Grades of Several Major Mineral Resources.
China · 2011-10-28