According to the Xinhua News AgencyMinistry of Finance11 released data show, August, national finance income 786300000000 yuan, year since the low speed growth, year-on-year growth of only 4.2%.Notably, the central finance income appears first negative growth this year, growth rate fell 6.7%. Local level income 409800000000 yuan, grow 16.8% compared to the same period.Ministry of Finance said this month, finance income amplitude continues fall after a rise, especially the central fiscal revenue to drop more, mainly by the slowdown in economic growth, prices rises a fall after a rise, corporate profits decline, to implement a structural tax reduction effect. In addition, there are special Petroleum Proceeds Treasury way to change and the upper and lower annual enterprise income tax rebate incommensurable factors.In August, finance income tax income 661800000000 yuan, grow 7.2% compared to the same period. Non tax income 124500000000 yuan, down 12900000000 yuan, down 9.4%. Among them, the central non-tax revenue decrease compared to the same period 36600000000 yuan, down 58.7%, is mainly affected by the special petroleum proceeds to effect change over to the treasury.
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