[Guolian Minsheng Energy Zhou Tai Team] Commentary on Urban Land Use Tax Adjustment for Coal Enterprises

English summary

On July 28, the Ministry of Finance and the State Taxation Administration issued the 'Announcement on Adjusting the Urban Land Use Tax Policy for Enterprises in Some Energy and Resource Industries'. Comparison of tax-exempt land under new and old policies: ▍Original tax exemption scope: gangue hills, waste dump land, drainage ditch land, roads and railway special lines outside mining office and living areas, light roads, and power transmission line land for coal enterprises. Safety zone land outside explosive warehouse, parks open to the public, and public green belt land. ▍Current tax exemption scope: safety zone land outside explosive warehouse for coal enterprises, railway special lines and roads outside factory areas (including production, office, and living areas), parks open to the public, and public green belt land. Core changes under the new policy: ① Land for gangue hills, waste dumps, drainage ditches, light roads, and power transmission lines resumes urban land use tax. ② A transition period exists for resuming taxation. From 2026/9/1 to 2027/8/31, urban land use tax is levied at half of the taxable amount; from 2027/9/1 onwards, full urban land use tax is levied. ...