We are carrying out various research in respect of tax theories, policies and practices while aimed to move them forward by focusing on the industries' key issues.
Research on Finance and Taxation of Listed Banking Companies in China (2020 Edition)
Research Report on Financial and Taxation of Listed Companies in the Banking Sector in China (2020 Edition) that is Hargent research Institute based on its years of experience and achievements in the industry, organizes professional teams, conducts thematic discussions, collects and organizes large data on the banking industry, and conducts tax studies on listed companies by industry with tax liability analysis as the core content. The paper is a comprehensive and professional report with both practical and academic research value. It draws on the concept of net production tax in the macroeconomic theory of the GDP income method of accounting and designs "production tax" and "production tax burden" indicators. In this way the report was solved the long-standing academic and practical problem of accurately projecting VAT from publicly available data in listed companies annually reports. Meanwhile this report examines 32 banks listed domestically (including both domestically and in Hong Kong) and 16 banks listed in Hong Kong, a total of 48 banks, for a comparative study of tax payments from 2016 to 2019, providing a complete, highly comparable, professional and credible frame of reference for stakeholders such as companies in the industry, tax authorities and industry associations.
Compile: Hargent Beijing Time: In October, 2020
Part 1 Introduction
Background and purpose
Subjects and Methodology
Part 2 Analysis of the financial and tax situation
overview of banking development
asset analysis
profitability analysis
credit asset quality analysis
Part 3 Analysis of the tax situation
Analysis of tax payments and structure of listed companies
Analysis of tax liabilities for listed companies
Part 4 Analysis of tax situation
Large state-owned commercial banks
joint-stock commercial banks
city commercial banks
rural commercial banks
Part 5 Analysis of tax allowance
Low tax incentives and Allowance of Deductions for R&D expenses
Part 6 Analysis of the social security premium situation
Total social security contributions
Social security contributions as a proportion of total costs paid for employees
Part 7 Conclusion and recommendations
Conclusion in research
proposals for strengthening tax administration in the banking business.
Appendices Ranking
Appendices 1 Ranking of listed companies in the banking sector in terms of revenue and total tax paid (2019)
Appendices 2 Capital Adequacy Ratio Ranking of Listed Companies in the Banking Sector (2019)
Appendices 3 Asset Quality Ranking of Listed Companies in the Banking Sector (2019)
Appendices 4 Earnings Ranking of Listed Companies in the Banking Sector (2019)
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