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China to Introduce Water Resources Tax

China to Introduce Water Resources Tax

The measures to implement the pilot water resource tax reform stipulate that the water resource tax will be implemented nationwide from December 1, 2024, replacing the current water fee mechanism.

China first launched the water resource tax pilot in 2016. In 2019, the water resource tax was formally incorporated into the Resource Tax Law, including different rates based on local water resources, water use types, and economic development.

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