China: Environmental Protection Through the Resources Tax Reform
Dec 16th, 2011 | By Sally Li
On November 1, 2011, the amended China Provisional Regulation of Resources Tax (资源税暂行条例)[1] came into force. The amended regulation imposes a five to ten percent tax rate on the sale of crude oil and natural gas. The tax rate for rare earth ores and coking coal also increased, while the tax rate for regular coal,
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