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Circular 44
Updated news related to Circular 44
Quy Hop mining area: Number of operating enterprises decreased by 6 times
(Baonghean.vn) - From more than 400 enterprises operating in mineral exploitation, up to now in Quy Hop district, this number has decreased 6 times, with only about 70 enterprises operating effectively.
Economy
Nghe An proposes to temporarily pay mineral exploitation rights fees at the old rate
(Baonghean.vn) - The People's Committee of Nghe An province has just issued an official dispatch requesting the Ministry of Finance and the General Department of Taxation to allow white marble mining and processing units in the province to temporarily pay the 2018 mineral exploitation rights fee at the 2017 collection level.
Proposal to adjust the price table for calculating resource tax in Nghe An
(Baonghean) - Due to many shortcomings in the calculation of resource tax within the price range according to Circular 44/2017/TT-BTC, mineral enterprises in Nghe An have sent petitions to relevant ministries and branches, but up to this point, after nearly 9 months, they have not received any response documents.
Nghe An mineral enterprises face the risk of closure due to Circular 44
(Baonghean) - For a long time, the management of mining licensing has not been strict, white stone exports are mainly raw, creating a resource drain effect. Therefore, the State's strengthening of management of mineral exploitation activities to increase the value of goods is a correct and necessary policy. However, many policies overlap, especially Circular No. 44/2017/TT-BTC on promulgating the price framework for calculating resource tax, which lacks practicality, causing many enterprises to struggle, even go bankrupt.
Businesses worried about applying new resource tax rates
(Baonghean) - From July 1, 2017, Circular No. 44/2017/TT-BTC of the Ministry of Finance "regulating the price framework for calculating resource tax for groups and types of resources with similar physical and chemical properties" will take effect. Accordingly, the minimum and maximum tax rates for construction stones will increase by 2 to 3 times compared to the present. Therefore, many stone mining and processing enterprises in the province are really worried.
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