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MingHuang representative displays the 1st environment
protection tax receipt at the tax bureau of Hi-Tech District on April 2, 2018.
This is the first special tax targeting environmental
protection, and it will also have an important effect on green production and
consumption. It was made clear that all environment tax revenues raised from
polluting firms will go to local level governments, as an attempt to encourage
local authorities to enforce environmental protection measures. The new tax
replaces the previous pollutant discharge fees, which the government started to
collect from enterprises in 1979. Under the new law, companies will pay taxes
at different level monthly depends different level of noise, air pollutants and
water pollutants. The new law incentives companies to upgrade their facilities
and reduce environmental pollution.
