Glossary entry (derived from question below)
English term or phrase:
severance tax
Chinese translation:
采掘税,开采税
Apr 24, 2009 21:54
15 yrs ago
English term
severance tax
GBK
English to Chinese
Bus/Financial
Law: Taxation & Customs
Definition from
VentureLine:
Severance tax is a tax levied on production of natural resources taken from land or water bottoms within the territorial boundaries of a state.
Example sentences:
States often favor severance taxes over alternative sources of government revenue because much of the severance tax burden is transferred out of the state. ‘Exporting’ the tax burden is achieved, for example, if a relatively small portion of the oil pumped from an oil-abundant state is used in that state or if out-of-state companies own oil production. (The University of Utah)
A severance tax can provide local jurisdictions with additional revenues to finance economic development, yet the imposition of a tax may create coal industry employment losses. (ScientificCommons)
The change in severance tax cannot, of course, take place in isolation. It should be carried out in conjunction with the other elements of the tax system, i.e. export duties and excise taxes. (OIL OF RUSSIA)
Proposed translations
(Chinese)
4 +2 | 采掘税,开采税 | Sarah L.G. |
Change log
Apr 23, 2009 19:59: changed "Kudoz queue" from "In queue" to "Public"
Apr 24, 2009 21:54: changed "Stage" from "Preparation" to "Submission"
Apr 27, 2009 22:54: changed "Stage" from "Submission" to "Selection"
Sep 20, 2009 16:54: changed "Stage" from "Selection" to "Completion"
Proposed translations
+2
10 days
Selected
采掘税,开采税
Definition from
New Energy Net:
开采税是指对自然资源(主要是石油)的开采征收的一种消费税
Example sentences:
巴西国家石油署日前宣布,巴西计划向在其境内开采高产油田的外国石油公司提高开采税以增加政府的财政收入 (Xinhua News)
4 KudoZ points awarded for this answer.
Discussion
Link 1: http://www.zjtlgs.gov.cn/openlaw.asp?id=1222
Link 2: http://www.ncsl.org/programs/fiscal/severtax05.htm