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First Deadline For Chinese Environmental Tax Approaching

by Mary Swire, Tax-News.com, Hong Kong

26 March 2018


The first returns under China's new environmental tax are due online by April 1, 2018.

The tax was introduced through the Environmental Protection Tax Law, which became effective on January 1, 2018.

The law replaced the previous system of pollution surcharges with an environmental tax on air, water, and noise pollutants, and the production of solid waste. The tax targets private- and public-sector businesses and not individuals.

About 260,000 businesses are expected to be liable for the tax for the first quarterly period.

TAGS: individuals | environment | tax | business | law | China | environmental tax | Tax

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