Can money that is collected from Environment Affecting Tax be invested in ecology?
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biron
Apprentice
Joined: 29 Sep 2005
Posts: 7
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 Posted: 08/23/08 - 06:27 Post subject: |
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| Good afternoon people. My name is William and I would appreciate if you cold tell me something about Environment Affecting Tax. Which entities are subjects to this taxation? Can money that is collected from Environment Affecting Tax be invested in ecology? Thank you for your posts. I am looking forward to them. |
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rosita
Apprentice
Joined: 17 May 2004
Posts: 4
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| Posted: 09/21/08 - 21:50 Post subject: |
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| Hello to you too William. Here is what I can tell you about this. Environment Affecting Tax is a tax which is imputed to the industries which are the biggest polluters. So, industries such as chemical industry, oil industry, metallurgy and similar carries the biggest burden of that tax. Now, governments can use this money in different purposes. Many of them have funds where the money goes and from those funds directs them into different ecology issues, among other things. So, money from this tax can indeed be invested in ecology. Well, that would be all from me. I hope that you will find this post helpful. Good bye! |
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