The environmental tax will be levied on January 1, 2018 at a scale of up to 50 billion yuan per year.

On December 25, the environmental protection tax law was voted on by the 25th session of the Standing Committee of the 12th National People's Congress, the first single-line tax law to promote the construction of ecological civilization in China, which will come into effect on January 1, 2018. The environmental protection tax law passed this time, will start from the tax lever, so that enterprises pay more tax on more sewage, less sewage can enjoy tax relief.
analysis, after the introduction of environmental tax revenue will be greatly increased, the annual scale of environmental tax collection is expected to reach 50 billion yuan, environmental monitoring, water and solid waste sector will take the lead in benefiting.
to force enterprises to reduce emissions
as one of the main plays of this round of fiscal and tax reform of environmental protection tax, the legislative process has been significantly accelerated. After public comments on the draft legislation in June last year, it was submitted to the Standing Committee of the National People's Congress for its first consideration on August 29 this year, and the Standing Committee of the National People's Congress conducted a second review on December 20.
It is learned that, in accordance with the principle of legislation, environmental protection tax is a "tax shift", from sewage charges "translation" to environmental protection tax, the object of collection is consistent with the existing sewage charges, the object of collection is atmospheric pollutants, water pollutants, solid waste, noise.
Qing, deputy director of the Economic Law Office of the Standing Committee of the National People's Congress, said that compared with the previous sewage charge system, environmental protection law is mainly two different. First, the tax range of atmospheric pollutants and water pollutants is stipulated. At 10 times the limit, atmospheric pollutants are 1.2-12 yuan per pollution equivalent and water pollutants are 1.4-14 yuan per pollution equivalent. Second, according to the provisions of the reduction of emissions to increase a level of tax relief, that is, taxpayers discharge taxable atmospheric pollutants or water pollutants concentration value is less than 30% of the prescribed standard, reduced by 75% to levy environmental protection tax.
Wang Jianfan, director of the Tax Administration Department of the Ministry of Finance, said that the current fiscal system, sewage charges are the implementation of the central and local 1:9 share, taking into account the local government to assume the main responsibility for pollution control, the future proposed environmental protection tax as all local income, the central government will no longer participate in the sharing.
The environmental protection tax law passed this time will start with tax levers, so that enterprises pay more tax on more sewage, less sewage can enjoy tax relief, through the construction of a green tax system to promote economic restructuring, development mode transformation, the formation of an effective incentive mechanism to reduce emissions.
environmental monitoring, water sector benefits
experts believe that the environmental protection tax to sewage charges as the lower limit of the tax, the collection of significantly strengthened, environmental tax revenue will be greatly increased. Data show that from 2003 to 2015, the country collected a total of 211.599 billion yuan in sewage charges, of which 17.3 billion yuan was collected in 2015. According to estimates by the Central University of Finance and Economics, after the introduction of the environmental tax, the annual scale of environmental tax collection is expected to reach 50 billion yuan.
The increase in taxation will encourage enterprises to actively pursue energy conservation and emission reduction, increase investment in environmental protection, improve technological level, eliminate backward production capacity and realize the transformation of economic structure, and the environmental tax will provide sufficient sources of funding for environmental protection investment, as well as provide financial support for environmental governance.
the implementation of the environmental protection tax, will make the environmental protection industry fully benefit. Among them, the first direct benefit is the environmental monitoring plate, because the tax should have monitoring data, the need to install monitoring equipment or third-party monitoring services, China Testing and other leading companies deserve attention;