资源税有关政策执行口径明确，去年税额接近3000亿

Core Viewpoint - The Ministry of Finance and the State Taxation Administration jointly announced the implementation of resource tax policy execution standards, effective from December 1, 2025, to clarify various aspects of resource tax management and address existing ambiguities in the current system [1][4][22] Summary by Sections Resource Tax Policy Execution - The announcement clarifies nine aspects of resource tax policy execution, including circumstances for non-payment, applicable tax categories for certain taxable products, tax basis for taxable products under special circumstances, and management of tax exemptions [4][8] Tax Revenue Data - Resource tax revenue for 2024 is projected at 296.4 billion yuan, a decrease of 3.5% from the previous year. Annual resource tax revenues from 2020 to 2023 were reported as 175.5 billion, 228.8 billion, 338.9 billion, and 307 billion yuan respectively [4][5] Tax Exemption Circumstances - The announcement specifies that certain entities, such as administrative and judicial bodies, are exempt from resource tax for products confiscated or collected under legal authority. Additionally, materials like sand and clay used for construction within approved land areas are also exempt [8][9] Tax Categories and Objects - The announcement details tax categories for various resources, including condensate oil, mixed light hydrocarbons from oil and gas extraction, and specific mineral recovery processes. It also clarifies definitions for coal, rare earths, and salt products [10][12][11] Related Transactions - To mitigate risks associated with related transactions, the announcement outlines four legitimate reasons for significantly low pricing in related party transactions. Tax authorities can adjust taxable sales amounts if no valid reason is provided [15][16] Tax Calculation Methods - The announcement provides detailed methods for calculating tax exemptions and reductions, including formulas based on production ratios and average sales prices. It emphasizes the need for proper documentation to support claims for tax exemptions [17][18] Tax Obligation Timing - The timing for tax obligations is defined based on various sales methods, including direct payment, credit sales, and consignment sales, specifying when the tax obligation arises [21] Implementation Timeline - The new resource tax execution standards will take effect on December 1, 2025, and will apply to any unresolved matters prior to this date [22]