In the first ten months, the national tax revenue increased by 25.8%. It is estimated that the central tax revenue for the whole year will exceed the budget by only about 60 billion.

The Ministry of Finance announced today that the national tax revenue in October was 566.9 billion yuan, an annual increase of 149.5 billion yuan or 35.8%; the cumulative tax revenue from January to October was 4.1383 billion yuan, a record high for the same period in the past, with an annual increase of 849.9 billion yuan or 25.8%; due to the new version of the fiscal planning law, the central government's tax revenue increased by 390.6 billion yuan, which was less than the increase of 467.1 billion yuan by local governments. The Ministry of Finance stated that the national tax budget achievement rate in the first ten months was 91.4%. It is estimated that the annual tax revenue will exceed the budget by 110 billion to 160 billion yuan, of which the central tax revenue will exceed the budget by 30 billion to 60 billion yuan, and the local tax revenue will exceed the budget by 70 billion to 100 billion yuan.

According to statistics from the Ministry of Finance, national tax revenue increased by 849.9 billion yuan in the first ten months compared with the same period last year, with the increase of 329.7 billion yuan in certification tax, 298.6 billion yuan in business tax, and 127.2 billion yuan in business tax. Liu Xunrong, deputy director of the General Accounting Office, said that including customs duties, business tax, comprehensive income tax, inheritance tax, certificate payment tax, periodic payment tax, business tax, house tax, and stamp tax, the tax revenue in the first 10 months hit a new high for the same period in previous years.

Among them, business tax in the first ten months was 1.4172 billion yuan, an annual increase of 26.7%, mainly due to the increase in self-payment of settlement declarations, temporary tax payments and the successive recording of deferred tax installments. Comprehensive income tax in the first ten months was 889.4 billion yuan, an annual increase of 11.4%. This was mainly due to the increase in self-paid taxes on settlement declarations, as well as the increase in withheld taxes on earnings distribution and salary income. Business tax in the first ten months was 615.3 billion yuan, an annual increase of 26.1%. This was mainly due to stable domestic demand and an increase in import taxes on telecommunications, audio-visual products, electronic components, etc. However, tax refund applications for export business operators also increased, offsetting part of the increase.

In addition, the average daily trading value of listed OTC stocks in October was 1.121 billion yuan, an annual increase of 78.9%, growing for 15 consecutive months. Securities tax in October was 52.3 billion yuan, an annual increase of 72.6%;

In the first 10 months, the tax paid on securities was 558.3 billion yuan, an annual increase of 1.4 times, the highest growth rate for the same period since 1998. Liu Xunrong pointed out that in October, Taiwan stocks turned to a pattern of decline and increase in volume, and the average daily trading value of listed counters stopped falling for three consecutive months. However, due to the typhoon holiday, one trading day was reduced, so the securities tax in October was reduced compared with September, and it has been decreasing monthly for four consecutive months.

As for tax items related to real estate transactions, tax revenues mostly increased in October. In October, local taxes increased by 5.6 billion yuan, an annual increase of 5.9%, mainly due to an increase in large-scale tax cases; in the first ten months, local taxes increased by 56 billion yuan, an annual decrease of 2%. In October, the combined personal real estate and land tax was 4.77 billion yuan, an annual increase of 9.7%. In the first ten months, the personal real estate and land integrated tax was 43.33 billion yuan, an annual increase of 0.1%.