Environmental pollution is a factor which restricts sustainable development and it costs society more than enterprises whose waste are creating pollution.
Taxation can be used to protect sustainable development. Government should control polluters by making them pay more for pollution they cause.
As taxation is a market-oriented force which restricts or allow enterprises from doing something it can be most effective means to stop pollution and income generated by taxation can be used for better protection of environment.
Imposing tax can create better balance between economic development and environmental pollution.
Although certain tax policies favouring the development of a cyclic economy are already implemented in China, they are not evenly enforced in all manufacturing sectors.
Number of taxes for the protection of environment is limited and role of tax in restricting pollution is weak.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
