Notice on the issuance of the transition implementation plan for the adjustment of the pricing basis of electric power projects to adapt to the business tax reform

All relevant units:

In accordance with the overall strategic deployment of the State Council on standardizing the tax system realizing structural tax reductions, in accordance with the relevant requirements of the Ministry of Finance, the Ministry of Housing Urban-Rural Development the State Administration of Taxation, in order to ensure a smooth transition in the valuation of power projects, the power project The cost quota management terminal combines the characteristics of the power project pricing basis, through repeated studies calculations, many times of communication coordination with related parties, a transitional implementation plan for the power project pricing basis to adapt to the adjustment of business tax to VAT has been formed. It is hereby released, please follow execute.

Attachment 1: The implementation plan for the adjustment of the power project pricing basis to adapt to the business tax the value-added tax adjustment

Power Engineering Cost Quota Management Station

April 18, 2016

The "Notice on Issuing the Implementation Plan for the Transition of Electric Power Project Pricing Basis Adapted to the Adjustment of Business Tax Reform to Value-Added Tax" (Fixing [2016] No. 9), issued on April 18, 2016, contains some data errors corrections are now being made. The final document is shown in Annex 1 , See appendix 2 for errata content.

Attachment 2: Corrections to the adjustment coefficient