Many countries in the world have been very seriously looking at environmental degradation since the 1980s. One issue relates to the thinning of the ozone layer. Since then, various issues concerning the environment such as global warming, the disappearance of many animal and plant species has come into picture. Various measures and tools have been developed by governments and the public to elevate the issues related to environmental degradation. Some measures are voluntary - like not eating shark-fins and others, were exercised using the power of the law such as tolls when entering the city limits. Taxation is a tool that the government uses to collect revenue and to prevent and encourage certain behaviour. As taxation is monetary in nature, it is a good way to encourage or discourage a country's citizen to behave in a certain way as deemed appropriate by the government.
Journal or Publication Title
MAREF Review
Volume
1
Number
2
Page Range
9 - 10
Year
2011-06
Publisher
Malaysian Accountancy Research and Education (MAREF)
Environmental tax laws in Malaysia today
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