Polluters targeted with new environmental protection tax

February 13, 2017 | BY

Katherine Jo &clp articles

Companies in China must enhance environmental compliance as they prepare for a law that replaces discharge fees with taxes on air, water, solid waste and noise pollution starting next year

By Katherine Jo

 

The PRC Environmental Protection Tax Law, released on December 25, 2016, replaces the current emission fee system with a pollution tax, and is expected to have broad implications on corporate environmental compliance in China. The new law comes into effect on January 1, 2018, giving enterprises a year to prepare.

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