More than 1,000 diplomatic vehicles may be subject to tax collection
The Ministry of Finance is finalizing a plan to deal with tax-free cars used by diplomatic agencies for improper purposes. It is expected that about 1,100 cars will be taxed, even though they have been transferred.
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Diplomatic license plate cars are being misused. Photo: Imageshack |
This agency will be responsible for determining the quantity of cars imported into Vietnam.
According to the Ministry of Finance, the most difficult thing at present is handling cases of diplomatic individuals whose term of office has ended but have not completed procedures for re-export, destruction or transfer.
At the end of 2009, units under the Ministry of Finance conducted a large-scale nationwide review of cars with diplomatic license plates since 1998. The results showed that there were 4,300 cars imported into Vietnam by diplomatic agencies.
From this result, the Ministry of Finance proposed to tax vehicles of diplomatic agencies that have expired and are "secretly" transferred to individuals in Vietnam. Initially, this agency proposed to impose an import tax of 90% on these types of taxes in addition to VAT and special consumption tax. However, after considering and surveying the reality, the Ministry of Finance is considering a more reasonable tax option, maybe only 20-30% based on the depreciation of the vehicle... Meanwhile, the import tax rate for new cars is currently 83%.
According to VnMedia
