China will Implement a Trial to Replace Water Resources Fees With Taxes - 10/18/2024

A tributary of the Yangtze River rises after an autumn rain in Yichang, Hubei province, Oct 18, 2024. On October 15, the Ministry of Finance, the State Administration of Taxation and the Ministry of Water Resources jointly announced the Implementation Measures for the Pilot Reform of Water Resources Tax, announcing that the pilot reform of water resources fees and taxes will be fully implemented from December 1, 2024.