Jun 14, 2021 09:59 AM (GMT+8) · EqualOcean
Recently, the website of the Ministry of Finance released the notice on transferring four government non tax revenues, namely, the revenue from the transfer of state-owned land use rights, the special revenue from mineral resources, the sea area use fee, and the non resident Island use fee, to the tax authorities for collection. Wang Yongjun, director of the government budget research center of the Central University of Finance and economics, believes that after the non tax revenue is transferred to the tax department, the revenue collection and management system, including land revenue, will achieve a comprehensive centralization and two-way transparency of information, which will be a crucial first step for the comprehensive consolidation of land finance, It can also ensure that the central government has a comprehensive and real-time grasp of the local government's land financial information.

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