Resources: to tax or not to tax?

State media recently reported that China could accelerate the implementation of a long-planned resources tax reform. Tax would be levied for the first time on water, timber and geothermal energy, while taxes will be raised on resources such as oil and natural gas to between 5% and 10% from the current 1%.

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Other Articles on this Issue

• Capital Intensive China

  Land deals set to transform rural China

• Macro View

  Rich in rural promise

• Postcard From No 528

  Rustic stock picks and Goldman Sachs

• Forbidden City

  Rural reform has a strong political backing

• Funds Data

  Taiwan optimism peaked?

• The Big Call

  Rural economy set to thrive

• Consumer China

  Betting on the rural consumer

  Subsidy schemes drive rural vehicle demand

  Sending white goods to the countryside

• Financial China

  Rural finance taking off

• The Best of Chinese Commentators

  Inflation: pork-led?

• Guest Column

  China's Sustainability March

• View issue