What is the impact of environmental tax on the paint industry?
2018-01-13
The main purpose of the formulation and implementation of environmental protection tax is to "protect and improve the environment, reduce pollutant emissions, and promote the construction of ecological civilization". Environmental protection tax is a kind of "green tax system" in China, and it is also a kind of tax system with great impact on economic industry. The scope of environmental protection tax is air, water, solid and noise pollutants directly discharged into the environment, which clearly stipulates the specific applicable tax amount of air pollutants and water pollutants.
When setting the tax standard, the environmental protection tax not only embodies the legal principle of taxation, but also gives the local a certain degree of autonomy and choice space. In the "Environmental Protection Tax Items and Tax Amount Table", the pollution equivalent of air pollution is 1.2 yuan to 12 yuan, and the pollution equivalent of water pollutants is 1.4 yuan to 14 yuan. Local governments, on the other hand, determine the applicable tax amount on their own within this range according to their own regional environmental conditions. According to the collection standards announced by provinces and cities across the country, the Beijing-Tianjin-Hebei region is generally higher than other regions, and Beijing applies the tax amount in accordance with the highest regulations.
For taxpayers of environmental protection tax, the environmental protection tax law clearly stipulates that enterprises, institutions and other producers and operators who directly discharge taxable pollutants to the environment, but do not directly discharge taxable pollutants to the environment, do not pay environmental protection tax, which means that consumers or residents do not need to pay environmental protection tax, which fundamentally directly affects the operation of enterprises through the tax system from the source, especially the operation and development of polluting enterprises.
Once the environmental protection tax is levied, the scale will far exceed the current sewage charges, the annual levy or reach 50 billion yuan. Among them, the air pollutant emission enterprises are the most affected. At present, the main cause of air pollution is VOC (volatile organic compounds), and VOC in addition to carbon monoxide, carbon dioxide, metal carbides, but also other carbon compounds involved in atmospheric photochemical reactions, these are chemical enterprises, surface coating enterprises and coating production enterprises main emissions.
In the coating industry, paint is mainly composed of film-forming substances, pigments and fillers, solvents and additives. Among them, paint mainly uses natural water and banana water as solvents. During the production, use and storage of paint, a large amount of VOC will be volatilized. Compared with paint, water paint mainly uses water as solvent and does not contain VOC. Take Chenyang Water Paint, which has the largest automatic production line of all-water paint in Asia, as an example, it is planned to produce 1.25 million tons of various environmentally friendly water paints annually. Compared with paint plants of the same production scale, it can reduce VOC emissions by 1 million tons per year. It can be seen that water paints emit less pollutants and are more environmentally friendly than paint.
According to the calculation of statistical paint enterprises, China's annual output of various paints exceeds 20 million tons, paint production accounts for more than 80% of the total paint, and environmental protection water paint production is less than 20%. In the field of industrial painting, the use of paint is as high as more than 90%. Faced with such a large source of air pollutant emissions, the implementation of the "environmental protection tax" will directly involve the production and operation of paint enterprises, which undoubtedly moved the profit cake of paint enterprises, let these polluting production enterprises difficult, will cause the paint industry reshuffle.
Although the Environmental Protection Law was formally implemented today, it was passed as early as the 25th meeting of the Standing Committee of the 12th National People's Congress at the end of 2016. During this one-year transition period, many paint production enterprises have begun to transform into water paint production, visit and inspect, introduce technology, eliminate backward production capacity, and launch water paint projects. It is expected that with the implementation of environmental protection tax, with the strength and standardization of China's tax system, the pace of "oil to water" industry in China's coating industry will be more obvious.
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