The Auto Industry Aristocracy in China's "Top 100 Taxpayers" in 2003


On September 12, the "2003 China's Top 100 Taxpayers List" was freshly released (promulgated by the State Administration of Taxation and China Tax Magazine). The various rankings at home and abroad are dazzling, and the ranking of China's top 100 taxpayers is unique. Taking the amount of taxation as a ranking criterion has a different significance. The most reliable list of domestic data sources tells us that the status of the automotive industry is constantly improving. At the same time, the tax paid by the top 100 vehicle companies has doubled, reaching 8.1 billion yuan in 2001, 12.59 billion yuan in 2002, and 17.225 billion yuan in 2003. Highlights 1: Six automakers are listed on the Top 100 taxpayers list, and Shanghai Auto Group is the top-ranked taxpayer in the industry. The annual tax increase is basically between 12% and 13%; Shanghai GM is growing rapidly and grows annually. The rate is about 80%; FAW-Volkswagen's annual tax increase is about 30%. Guangzhou Honda, Shenlong Motors and Chongqing Chang'an follow. Highlight 2: Among the top 100 taxpayers of foreign-invested companies and Hong Kong, Macao and Taiwanese companies, there are 16 auto vehicle manufacturing industries, with a tax payment of 20.663 billion yuan, accounting for 32.92% of the top 100 taxpayers of foreign-funded taxpayers. This is the industry with the largest tax contribution. Shanghai Volkswagen paid 4.509 billion yuan, ranking first on the list. Shanghai GM surpassed FAW-Volkswagen to occupy the second place, and FAW-Volkswagen ranked 3rd. Highlight 3: The ups and downs of the rankings, the situation stirs. Numerous new faces squeezed into the list, including a large number of well-known companies such as Guangzhou Honda, Beijing Hyundai, GM Wuling, and Yueda Kia. Highlights 4: Chery Automobile Sales Co., Ltd., Jilin FAW-Volkswagen Sales Co., Ltd. and Qingdao FAW Trading Corp. Qingdao Branch respectively boarded the "Top Ten Tax-paying List of 168 Industry --- Automobile, Motorcycle and Parts Wholesale" list The top three in the list. (I)

Posted on