The Ministry of Finance announced today that the national tax revenue in September was 496.5 billion yuan, an annual increase of 19.6%; the cumulative tax revenue from January to September was 3.5714 billion yuan, a record high for the same period in the past, with an annual increase of 24.4%; of which, the securities tax in September was 53.4 billion yuan, an annual increase of 71.2%, and it had been growing for 14 consecutive months; the securities tax in the first nine months was 506 billion yuan, an annual increase of 1.6 times. The Ministry of Finance stated that the trading value of Taiwan stocks has gradually cooled down, and the securities transaction tax has decreased monthly for March, but the decrease has slowed down.
Liu Xunrong, deputy director of the Statistics Department of the Ministry of Finance, pointed out that this year's central government's general budget has been announced. The central government's tax revenue has increased by 600 billion yuan. After taking into account local governments and special funds, the national tax budget has increased by 585.2 billion yuan, with the certificate payment tax increasing by 452.4 billion yuan, followed by the business tax of 97.5 billion yuan. The cumulative national tax budget achievement rate from January to September is 78.8%. Whether the tax revenue for the whole year this year will exceed the budget is "currently difficult to control" and there are still uncertainties.
According to statistics from the Ministry of Finance, national tax revenue in the first nine months was 3.5714 billion yuan, an increase of 700.4 billion yuan from the same period last year. The increase in certificate payment tax of 307.7 billion yuan, business tax increase of 185.3 billion yuan and business tax increase of 120.3 billion yuan were the largest. Liu Xunrong pointed out that including customs duties, business tax, comprehensive income tax, inheritance tax, certificate tax, periodic payment tax, business tax, housing tax and stamp tax, the tax revenue in the first nine months was the highest in the same period in previous years.
Among them, business tax in the first nine months was 1.28 billion yuan, an annual increase of 22.7%, 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 nine months was 827.9 billion yuan, an annual increase of 10.6%, mainly due to an increase in self-payments in settlement declarations, as well as an increase in withholding taxes on earnings distribution, salary income, etc. Business tax in the first nine months was 623 billion yuan, an annual increase of 23.9%, mainly due to stable domestic demand and an increase in import taxes on electronic components, information and communication products, etc.
In addition, the average daily trading value of listed OTC stocks in September was 1.317 billion yuan, an annual increase of 71.8%. The securities payment tax in September was 53.4 billion yuan, a monthly decrease for three consecutive months, but an annual increase of 71.2%. The securities payment tax in the first nine months was 506 billion yuan, an annual increase of 1.6 times, the largest increase in the same period since 1998. Liu Xunrong explained that in September, Taiwan stocks showed a pattern of price increase and volume decrease, and the stock market transaction value showed a gradual cooling trend, resulting in a monthly decrease in securities tax for the third consecutive month, but the decrease has significantly slowed down.
As for the tax burden related to real estate transactions, land taxes increased by 5.6 billion yuan in September, an annual increase of 26.6%, mainly due to an increase in large-scale tax cases; in the first nine months, land taxes increased by 50.4 billion yuan, a year-on-year decrease of 2.8%, mainly due to a decrease in real estate transaction volume and large-scale tax cases. In September, deed taxes were 1.6 billion yuan, an annual increase of 19.9%. In the first nine months, deed taxes were 12.7 billion yuan, an annual increase of 9.9%. In September, the combined real estate and land tax was 41.9 billion yuan, an annual decrease of 5.6%; in the first nine months, the combined real estate and land tax was 76 billion yuan, an annual decrease of 3.6%.
