Addressing the hidden costs of automobile use in China: The potential role of tax
Source: Australian Tax Forum Journal Article
Published Date: 1 Dec 2011
The seriously falling air quality has become the most notable domestic environmental concern in China. So far China has only had an environmentally-related tax and charge system. Although an excise tax (called the “consumption tax”) on transport fuel, in addition to the Value Added Tax (VAT), has been imposed in China for over two decades, it has proved to be inadequate in terms of addressing the country’s severe automobile pollution problems. Recent reforms in tax law and policy have lifted the role of taxation in environmental protection slightly. A more comprehensive fuel tax system is needed, however, to help address the hidden costs of automobile use and tackle automobile pollution in China.
The article suggests an environmental fuel tax, combined with a selection of other instruments such as regulation and standard-setting, could prove to be of real use in constraining the consumption of environmentally damaging fuel and abating automobile pollution.
Sorry, this is subscriber only content.
To gain access to this material and much more - Subscribe Now.
(Note: Members can access Taxation in Australia journal articles without a Tax Knowledge Exchange subscription - please log in to access).
Already a Subscriber? Login now
Already a Subscriber? Login now
Details
- Published By: Xu Yan
- Published On:1 Dec 2011
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
("TTI")
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
Copyright Statement
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.
Tags
Share this page