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Environmental Protection Tax to Be Levied in the 12th Five-year
Recently, XIE Xuren, Minister of Finance, pointed out that the environmental protection tax would be levied in the 12th Five-year to promote the construction of an environmentally friendly society.

It was pointed out that in the 12th Five-year, following the principle of “a more simplified taxation system, broader tax collection basis, lower tax rates and stricter tax collection”, more efforts would be made to further optimize the structure of the taxation system, balance the taxation burden, and standardize the order of income distribution. On the premise of unified tax policies, the provincial governments should be endowed with proper tax administration power, and cultivate local pillar tax sources.

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