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China Issued First Environmental Protection Tax Stamp
- Apr 02, 2018 -

The first levy period for China environmental protection tax began in April. The first environmental protection tax stamp issued by the Shanghai Pudong New Area Taxation Bureau was the first environmental protection tax stamp in China, indicating that the implementation of the environmental protection tax began in China.


The implementation of the environmental protection tax by the PRC is a major strategic plan made by the China State Council. It is of great significance to promote the construction of the ecological civilization in China and promote the development of high quality. It also bears the weight of the Chinese people for “more blue sky, more green mountains, and more clean water”. Hopefully, its ecological significance is greater than fiscal and tax significance.


Besides the implementation of the environmental tax, local government also take deeper environmental measures over some smelting industry, such as the concentrated area of artificial corundum, it is said received more regulations during the dry spring.