Secretariat TPR |
WT/TPR/S/414/REV.1 |
S-5§97 |
Korea, Republic of |
2021 |
Sectors |
Internal taxes |
Energy |
Relevant information
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5.97. Prices for diesel, gasoline, and fuel oil are relatively low compared with those of other IEA members. Taxes are an important component of their prices, and include the transportation-energy-environment tax, the driving tax, the education tax, and VAT.
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Secretariat TPR |
WT/TPR/S/414/REV.1 |
S-5§118 |
Korea, Republic of |
2021 |
Sectors |
Internal taxes, Tax concessions |
Energy |
Relevant information
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5.118. Korea Electric Power Corporation (KEPCO) purchases all power generated through the Korea Power Exchange (KPX), and then supplies power to consumers. The KPX is a state-owned electricity pool, which is compulsory for all generators (above 20 MW) with a few exceptions. Electricity generators do not bid their prices into the mandatory pool. Instead, they must submit full details of their operating costs to the KPX, based on which the KPX calculates the system marginal price (SMP) used as the price for the next-day electricity market. Power generators then receive a remuneration that is equal to the SMP plus a reference capacity price, which is determined annually based on the plant's fixed costs. Since April 2019, the SMP has also reflected environmental considerations: tax on eco-friendlier LNG generated electricity was reduced, while tax on bituminous coal-generated electricity was increased.
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Secretariat TPR |
WT/TPR/S/414/REV.1 |
S-Table-4.11 |
Korea, Republic of |
2021 |
Measures |
Internal taxes |
Manufacturing |
Relevant information
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Table 4.11 Vehicle taxes and tax reduction for eco-friendly vehicles, 2020
Use
Taxes: Fuel excise tax-transportation-energy-environment tax (...)
Rates: (...) 26% of the transportation-energy-environment tax
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Government TPR |
WT/TPR/G/415 |
G-5§23 |
China |
2021 |
Measures |
Internal taxes |
Other |
Relevant information
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5.23. Since the last review, China has further deepened reforms in fiscal, taxation, financial and other key areas. China has implemented the reform to define the respective fiscal powers and expenditure responsibilities of central and local governments in fields such as ecological environment, public culture, natural resources and emergency rescue, and improved the local tax system. (...)
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Keywords
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Eco
Environment
Natural resources
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Secretariat TPR |
WT/TPR/S/415/REV.1 |
S-Summary§33 |
China |
2021 |
Sectors |
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Energy |
Relevant information
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33. China continues to reduce its proportion of coal consumption, in line with objectives set for green and low-carbon energy development in the 13th Five-Year Plan for Energy Development. Other measures regarding the promotion of clean energy included the authorities' efforts to fully operationalize China's carbon emission trading framework, set renewable electricity consumption quotas as a share of total power consumption in each province, and implement a new environmental tax policy. (...).
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Keywords
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Clean
Emissions
Energy
Environment
Green
Renewable
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Secretariat TPR |
WT/TPR/S/415/REV.1 |
S-3§40 |
China |
2021 |
Measures |
Internal taxes |
Not specified |
Relevant information
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3.40. In 2019, the consumption (excise) tax (CT) accounted for 8% of total tax revenue (up from 7.1% in 2017). The CT continues to be levied on products that are considered to be harmful to human health, social order, and the environment; luxury goods; high-energy consumption and high end products; and non-renewable and non-replaceable petroleum products. (...).
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Secretariat TPR |
WT/TPR/S/415/REV.1 |
S-4§66 |
China |
2021 |
Sectors |
Internal taxes |
Energy |
Relevant information
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4.66. On 1 January 2018, China implemented a new environmental tax policy aimed at promoting environmental protection and reducing pollution.
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Secretariat TPR |
WT/TPR/S/415/REV.1 |
S-4§95 |
China |
2021 |
Sectors |
Internal taxes |
Manufacturing |
Relevant information
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4.95. While the current policy initiatives are intended to promote the expansion of higher value added and knowledge-based activities through innovation, environmental considerations are also at the core of China's efforts in the manufacturing sector. They aim to reduce energy and resources consumed and pollutants emissions released per unit of industrial added value by 2025. On 1 January 2018, China implemented a new environmental tax policy aimed at promoting environmental protection and reducing pollution. The new tax is set to affect companies in various economic sectors, mainly in manufacturing. It replaces the pollution discharge fee previously in place and applies to four pollutant categories when they are discharged directly into the environment in Chinese territory: atmospheric pollutants, water pollutants, solid waste, and noise. [57] Reductions on environmental tax are provided to companies that pollute less than the standard. Penalties have been also strengthened.
[57] Exclusions include discharge of sewage/domestic waste into treatment facilities and solid waste into storage/disposal facilities where these meet national standards, emissions from agricultural production, and motor vehicle/vessel/aircraft emissions.
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Keywords
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Emissions
Energy
Environment
Pollution
Waste
Water
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Secretariat TPR |
WT/TPR/S/417/REV.1 |
S-Summary§13 |
Mauritius |
2021 |
Measures |
Internal taxes |
Energy |
Relevant information
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13. Mauritius levies 15% VAT on all goods and services; and excise duties on 557 tariff lines. The Maurice Ile Durable (MID) levy is collected on fossil fuels as part of the country's strategy to reduce the demand for this product and, inter alia, increase the share of electricity generated from renewable sources from 24% in 2020 to 35% by 2025 and 60% by 2030. (...).
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Secretariat TPR |
WT/TPR/S/417/REV.1 |
S-3§26 |
Mauritius |
2021 |
Measures |
Internal taxes |
Not specified |
Relevant information
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3.26. Some 557 tariff lines are covered by excise taxes that generally have a health or environmental rationale. Their effect, however, is likely to be reduced by a 60-page list of concessions exempting certain manufacturers, SMEs, farmers, fishermen, and numerous other persons or bodies from excise duty for certain goods, and which could be reviewed for administrative simplification.
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