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Home / Metal News / Detailed rules of green tax released, what’s the influence on nonferrous companies?
Detailed rules of green tax released, what’s the influence on nonferrous companies?
The green tax law to implement on Jan.1, 2018 is the first uniserial tax law embodying “green taxation”, which means the formal launch of transform from pollution charge system to green taxation.
SHANGHAI, Dec.11 (SMM)－The green tax law to implement on Jan.1, 2018 is the first uniserial tax law embodying “green taxation”in China, which means the formal launch of transition from pollution charge system to green taxation.
SMM believes implementation of the new taxation will facilitate enforcement of environmental protection and add on operating cost of nonferrous companies, which urges them to run with stricter production. The influence cannot be regarded as a short-term story but a long-term one.
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