Proceedings of the 3d International Conference on Applied Social Science Research

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

Authors
Pei-hao Wu, Xin Ding
Corresponding Author
Pei-hao Wu
Available Online August 2016.
DOI
https://doi.org/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.
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Proceedings
3d International Conference on Applied Social Science Research (ICASSR 2015)
Part of series
Advances in Intelligent Systems Research
Publication Date
August 2016
ISBN
978-94-6252-148-3
ISSN
1951-6851
DOI
https://doi.org/10.2991/icassr-15.2016.36How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

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  - 3d International Conference on Applied Social Science Research (ICASSR 2015)
PB  - Atlantis Press
SN  - 1951-6851
UR  - https://doi.org/10.2991/icassr-15.2016.36
DO  - https://doi.org/10.2991/icassr-15.2016.36
ID  - Wu2016/08
ER  -