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What is the income tax rate of environmental protection companies?
3%; Income tax rate = (current income tax/current sales revenue) × 100%.

Environmental protection companies belong to the professional technical service industry and belong to the category of extra-tax. According to the new Provisional Regulations on Value-added Tax issued by State Taxation Administration of The People's Republic of China, China, the income tax rate of such companies is 3%. Income tax rate = (current income tax/current sales revenue) × 100%.

The tax rate refers to the proportion of VAT payable by VAT taxpayers in the current period to the taxable sales income in the current period.