Jun. 27 (Xinhua)-The Ministry of Finance, State Administration of Taxation, and MEP consulted the public opinions on the Regulations on the Implementation of the Environmental Protection Tax recently, which reflected the implementation of the principle of the statutory taxation and the increase of public participation.
The three lines ministries drafted the aforementioned regulations to implement the Environment Protection Tax Law adopted on Dec. 25, 2016.
The exposure draft of the regulations has 42 articles. It stipulates the taxpayers and the taxable objects, specifies the concrete circumstances of the four methods to compute the taxable pollutant emissions, and provides the exemptions and tax reductions, as well as the taxable items.
The other business operators for the purposes of the Environment Protection Tax Law are specified by the regulations as the individual industrial and commercial households and other organizations.
The taxable objects shall be the air pollutants, water pollutants, solid wastes, and noise.
About the collaboration between the competent environmental protection departments and the tax departments, the exposure draft provides that the latter shall identify the taxpayers based on the information provided by the former; that the two sectors shall provide training programs for the taxpayers and offer inquiry services; that the former shall keep the latter informed of any non-conformity related to the emission data of taxable pollutants, the pollution coefficient applied, and the material measurement method, for making corrections; and that the former shall be supportive of the latter’s tax inspections.
(Source:Ministry of Environmental Protection)