in December 25th, the environmental protection law twelve twenty-fifth meeting of the NPC Standing Committee voted through, which is China’s first single tax laws to promote the construction of ecological civilization, will be put into practice on January 1, 2018.
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The environmental protection law, will start from the tax lever to make the enterprise more sewage will pay more, less sewage can enjoy tax relief.
Analysts believe that tax revenues will increase sharply after levying environmental tax, environmental tax levied each year is expected to scale up to 50 billion yuan, environmental monitoring, water and solid waste sector will be the first to benefit.
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Forced corporate emissions
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