Lehman, Lee & Xu - China Environmental Lawyers in the news

The China Law News keeps you on top of business, economic and political events in the China.
Blawg | Newsletter Archive | |


In the News

China issues draft environmental tax law

BEIJING (Reuters) - China has issued a draft environment tax law which proposes targeting air, water, noise and solid waste pollution through levies on polluters, the Cabinet’s Legislative Affairs Office said on Wednesday.

It proposed the following levy rates: 1.2 yuan on air pollutants, 1.4 yuan on water pollutants, and a range of 5 to 30 yuan for solid waste, it said.

China has promised to implement regulations that will force polluters to pay for the damage they do. For years, the cost of compliance has usually outweighed fines or other charges, giving industries little incentive to install clean technologies.  

Amendments to the Environmental Protection Law, which went into effect on Jan. 1, included provisions to bolster financial and criminal punishments for transgressors.  

http://news.yahoo.com/china-issues-draft-environmental-tax-law-111748227--business.html



© LEHMAN, LEE & XU 2015.
This document has been created for educational purposes for clients, potential clients and referrers of services to , and to alert readers to the services provided by . It is not intended to serve as definitive professional or legal advice, and should not be relied upon as such. does not endorse any personal opinions which may be contained herein.
LehmanBrown© International Accountants
For more information regarding accounting, taxation, and audit services in China please email LehmanBrown International Accountants at mail@lehmanbrowninternational.com or visit our website at www.lehmanbrowninternational.com .
We hope that you enjoy China Environmental Lawyers Alert. If you would like us to send you new issues by e-mail each month, please click here to subscribe. There is no charge for this service. If not, please click here to unsubscribe. If you have any difficulty subscribing or unsubscribing, please contact our IT department directly at: it@lehmanlaw.com
Proud Member of