Chapter 465: Exemption from Agricultural Tax (Ask for Recommendation)
The shocking good news was passed by Zhang Hongxia, the cheap county magistrate.
Sangan Province, starting from the second half of this year, the province will be exempted from agricultural tax!
In the first half of this year, 18 provinces in the country have been exempted from agricultural taxes, but there is no Sangan Province or Sanxiang Province. Sangan Province and Sanxiang Province will be able to enjoy this treatment from the second half of this year.
In recent years, in order to increase peasants' incomes and narrow the gap between urban and rural areas, the state has begun to reduce agricultural taxes year by year, and has exempted agricultural taxes in some provinces on a pilot basis.
It is also reported that starting next year, the agricultural tax will be completely abolished nationwide.
China has been an agrarian society since ancient times, and for thousands of years, it is natural for farmers to pay taxes on farming, and the difference is only the difference in the amount of taxes.
In the Han Dynasty, when the tax was lightly paid, there used to be fifteen taxes and one, which was considered to be less. When taxes were severe, there were also cases where three out of ten taxes were raised.
For example, the tax rate in Sanxiang Province is 16%, and the tax rate in Sangan Province is 13.5%, and the overall average is more than 15%.
After the reform and opening up, the tax rate has been adjusted eight times, gradually reduced, and now it has been reduced to less than 3%. Whether to cancel it or not, it is of little practical significance.
However, the symbolic significance is too great, and the agricultural tax that has been levied for thousands of years has been abolished, which is inspiring, especially in a large agricultural country like China, where there are now 900 million farmers.
When the news came, Li Dongwen basically didn't feel anything. Whether there is more or less taxes, it seems that only mine bosses like Xie Anping and Qiao Shan are hollowing out their minds to exploit loopholes, or real estate developers like Zhao Canguang are more concerned, and how much Taohuaxian Company pays taxes seems to be more concerned by the local government.
Li Dongwen doesn't care about this news, but the capital market can't help but care.
The stock of Peach Blossom Fairy Tea was directly limited on the same day!
Tea planting is also taxable, and it is also within the scope of agricultural tax, which is levied on agricultural and forestry specialties, and south of the Yangtze River, the fixed tax rate for tea is 8%.
This tax on agricultural and forestry specialties can be said to be all-inclusive, taking the products of the Peach Blossom Fairy Company as an example, the following products are listed here: all kinds of vegetables, all kinds of melons and fruits, including fruits, cotton, rape, tea, honeysuckle, semi-maple lotus, fungus, white fungus, mushrooms, hazelnuts, and farmed fish, turtles, shrimps and crabs, all have to pay this agricultural and forestry special product tax.
There is also a tax, the animal husbandry tax, which is also a type of agricultural tax, and the raising of cattle, horses, sheep and camels are subject to this tax. Fortunately, this tax does not include chickens, ducks and geese, and poultry do not need to pay this tax.
The various branches of Peach Blossom Fairy were jubilant when they heard the news.
Qiong Province, where Wanzhou is located, has been exempted from agricultural taxes, including taxes on special products, throughout this year. Zhang Chunlai and Li Qinghai decided to cooperate with the local government to hold a celebration and a gala.
Wanzhou Company is planning to go public, and Zhang Junru's working group has been stationed in advance. Wanzhou's business is divided into three segments: Wanzhou Fishery, Wanzhou Farm and Wanzhou Tourism.
The performance of Wanzhou fishery is stable, with steady growth year after year. Now there are nearly 100 fishing vessels, and the amount of fishing at sea is relatively stable, and the catch of surrounding fishermen is also purchased, which can also increase the company's performance. In addition, it has a huge natural refrigerated warehouse, which thickens the company's fixed assets.
The only disagreement was about the Fisherman's Wharf, whether it was assigned to the fishing company or the tourism company.
In recent years, the tourism company has purchased a number of small and medium-sized cruise ships, opened the offshore island tour business, three-day sea tour, you can go around the island, there are also one-day sea tour routes and two-day tour routes.
Tourist companies use the wharf more frequently, and the fishing company has a six-month fishing moratorium, and the fishing boats are moored in the harbor, which is used as a warehouse.
There is strength in numbers. The four female generals of the tourism company, Guan Tongtong, He Shuishui, Tang Weiwei, and Mai Guoguo, fought hard to snatch this pier under the door of the tourism company, so that the net assets of the tourism company are quite huge, including the dock, hotel, shopping mall and seafood street.
Jing Hongquan of Wanzhou Farm focused on the schisandra soup beans in Niujiaoling, and pondered how to increase production and expand the planting area. This is a cash cow, which sold more than 500 million the year before last and nearly 10000000000000 last year, the output increased by 4 percent, and the selling price also increased by 4 percent.
There is also good news in Wanzhou Farm, mangosteen, mango, longan and jackfruit planted a few years ago have all borne fruit this year, these are high-end tropical fruits, there has been no harvest for several years, and this year there is finally a harvest.
Zhang Junru looked at the consolidated statements of several companies last year and felt that Taohuaxian Company was a money-making machine.
The fishing company's turnover last year reached 3.8 billion, with a profit of more than 1.2 billion. A company that tosses seafood is so profitable, it seems that there are really many foodies in China.
The fishery company is listed, with a price-to-earnings ratio of 8 times and a valuation of 10 billion, which is no problem at all. Issue 10%, 10 yuan issue price, issue 100 million shares, you can consider putting it on the small and medium-sized board of Pengcheng.
The turnover of Wanzhou Farm is a little worse, only 1.5 billion, but the profit is not low, reaching 8 billion. If it is issued with a price-earnings ratio of 10 times, it will issue 10%, 80 million shares, and the issue price will be set at 10 yuan.
Wanzhou Tourism, huge fixed assets, docks, hotels, shopping malls, seafood streets, cruise ships, are real assets, has exceeded 3 billion, and the assets are still appreciating. However, the turnover is not high, only 18 billion, and the profit is even lower, only 4 billion.
It can also be regarded as a 10 times price-earnings ratio, issuing 10%, 40 million shares, and the issue price is 10 yuan.
Listed companies, issued with a price-earnings ratio of about 10 times, are definitely considered conscientious enterprises. In later generations, there are many companies that issue dozens of times or hundreds of times the price-earnings ratio, especially the companies under the guise of science and technology, and the valuation is even more sky-high.
China's stock market this year has just shown some signs of improvement, and it has basically been "grinding the bottom" to complete, which is a good time to build a position and absorb chips. The Chinese stock market seems to have a "seven-year itch" cycle, a bull and bear cycle of seven years, a short bull and a long bear, a cycle, a bear market of more than five years, and a bull market of less than two years.
Most of the time, Chinese investors suffer in the bear market, like the oil that is placed in a frying pan, let it be tormented over and over again, and I don't know when it will be refined into fried.
The worst time for investors to lose money is when the bull and bear are converted. What about 10,000 points? How could it be reversed at only 5,000 points? And the reversal was extremely tragic and caught off guard. Often, the more illusions you have, the deeper the quilt will be.
When the working group led by Zhang Junru was busy in Wanzhou, Li Dongwen had already come to Liangzhou, and Wu'an's wine was on the market.
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