Economy > Trade

Tax rates on 27 environmental protection products down to 5 pct in 2016

BEIJING
2015-12-10 15:36

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China will lower the tax rates on 27 environmental protection products to 5 percent next year, according to the Ministry of Finance (MOF)'s statement on 2016 tax adjustments.

These products, of which tax rates are currently above 5 percent, mainly include sludge dryers, garbage incinerators, solar water heaters and wind-driven generators.

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