China Resource Tax Implemented 1. Sep 2020
04 04 21 19:51
China classifies rare earths in 3 groups, rather than 2 groups light and heavy rare earth. The differences in classification you can see from the chart below as well as the applicable resource tax rates.
It is very relevant to Western suppliers to China, that China's resource tax does not apply to imported rare earths concentrates or carbonates.
For the original source of the and the complete list of resources taxed under the China Resource Tax Law please click here.
For an explainer by the National People's Congress please click here.
It is very relevant to Western suppliers to China, that China's resource tax does not apply to imported rare earths concentrates or carbonates.
For the original source of the and the complete list of resources taxed under the China Resource Tax Law please click here.
For an explainer by the National People's Congress please click here.
