International Comparison of Actual Tax Burden Level of Oil and Gas Companies in China

DOI

10.2991/icassr-15.2016.36How to use a DOI?

Keywords

China oil and gas companies; tax burden; international comparison; actual tax

Abstract

China oil and gas enterprises should pay huge tax and state-owned capital gains to the government apparently. In addition, they also enjoy government subsidies in different names, such as tax concessions, etc. Therefore, relationship between China oil gas enterprises and government should be clarified, therefore actual tax burden faced by China oil and gas enterprises can be measured. In the paper, six major oil and gas companies, such as CNPC, Sinopec, Gazprom, ExxonMobil, ConocoPhillips and Chevron, were selected as research objects. Overall tax burden rate, income tax burden rate and resource tax burden rate faced by the six enterprises were internationally compared. Tax level of different types in various companies were respectively measured, tax structure and government subsidy influence were compared, and suggestions of optimizing tax structure and tax burden in China oil and gas enterprises were finally proposed.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Pei-hao Wu
AU  - Xin Ding
PY  - 2016/08
DA  - 2016/08
TI  - International Comparison of Actual Tax Burden Level of Oil and Gas Companies in China
BT  - Proceedings of the 3d International Conference on Applied Social Science Research
PB  - Atlantis Press
SP  - 124
EP  - 127
SN  - 1951-6851
UR  - https://doi.org/10.2991/icassr-15.2016.36
DO  - 10.2991/icassr-15.2016.36
ID  - Wu2016/08
ER  -