财政部官宣，近3000亿资源税政策执行细节明晰

Core Viewpoint - The announcement by the Ministry of Finance and the State Taxation Administration aims to clarify the execution standards of resource tax policies, addressing disputes and ambiguities in the definition of taxable products and pricing of related transactions, effective from December 1, 2025 [1][2][3] Summary by Relevant Sections Taxable Products and Tax Rates - The announcement specifies that condensate oil extracted by taxpayers will be taxed under the crude oil category, while mixed light hydrocarbons separated from crude oil and natural gas will be taxed under their respective categories [2] Taxpayer Obligations and Pricing - Taxpayers are required to pay resource tax on light rare earth ore after initial processing, and various forms of rare earth products will be taxed according to their specific classifications [2] - The announcement clarifies that the sales price of taxable products sold to related parties must not be significantly lower than the price charged to unrelated parties without valid justification, allowing tax authorities to adjust the taxable sales amount accordingly [3] Implementation and Compliance - The announcement outlines specific scenarios where resource tax may not be applicable, definitions for self-use of taxable products, and detailed regulations for tax exemptions and calculations [3] - The announcement is expected to unify policy execution standards, streamline tax administration processes, and enhance the fairness and operability of tax law implementation, thereby reducing regional discrepancies in resource tax enforcement [3] Financial Impact - In 2024, national resource tax revenue was reported at 296.4 billion, a decrease of 3.5% from the previous year, with a further decline of 0.4% noted in the first ten months of 2025, totaling 250.1 billion [3]