The main objective of the tax is to deter the behavior of taxpayers for environmental reasons rather than to raise tax revenues. The appropriate tax treatment of business expenditures incurred for environmental purposes such as asbestos removal costs or replacing leaking storage tanks would also be included in environmental taxation. Different countries will have differing environmental taxation issues for political, cultural, economic, and ecological reasons. Due to the increasing globalization of the world economy, the environmental taxation issues of one country may impact the citizens of other countries. Board members will assist in accumulating and disseminating environmental taxation information within their respective countries.
Board members are also available for consultation on environmental taxation issues.
Inquiries from tax professionals with an interest in serving on the board of advisors are also welcome.