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environmental tax
Latest news related to environmental tax
Applying global minimum tax: Will Vietnam lose its advantage in attracting FDI?
The adoption of a global minimum tax would reduce competition in attracting investment in developing countries that rely heavily on tax incentives to attract FDI.
Economy
Immediately implement the Resolution of the National Assembly Standing Committee on environmental protection tax rates for gasoline, oil, and grease
In Document No. 4280/VPCP-KTTH, Deputy Prime Minister Le Minh Khai assigned the Ministry of Finance to preside over and coordinate with relevant ministries and agencies to immediately implement Resolution No. 20/2022/UBTVQH15 on environmental protection tax rates for gasoline, oil, and grease.
The National Assembly Standing Committee passed a resolution to reduce environmental protection tax on gasoline.
The National Assembly Standing Committee held an extraordinary meeting on the morning of July 6 and decided, within its authority, to continue reducing environmental protection tax on gasoline, oil, and grease.
Submit to the National Assembly Standing Committee to reduce environmental tax on gasoline on July 4
On July 3, the Government issued a Resolution approving the Draft Resolution of the National Assembly Standing Committee on environmental protection tax rates for gasoline, oil, and grease and is ready to submit it to the National Assembly Standing Committee on July 4.
Gasoline prices may drop sharply tomorrow
World prices increased last week, but domestic retail gasoline prices may still cool down from tomorrow, thanks to a 2,000 VND reduction in environmental tax.
Tax filing time reduced by 114 hours
Of which, 94 hours were reduced due to reform and simplification of VAT declaration procedures, and 20 hours were reduced related to corporate income tax payment and settlement.
Environmental tax bracket has not been extended to 8,000 VND for gasoline
The Government requests to withdraw the Draft Law amending and supplementing a number of articles of the Law on Environmental Protection Tax from the 2019 law and ordinance making program.
Price fluctuations when environmental tax on gasoline increases to 4,000 VND
DNUM_CCZAJZCABI 15:48
The government affirmed that increasing environmental tax on gasoline and oil caused the CPI in 2019 to increase by 0.07 - 0.09%.
Increase environmental tax on gasoline and oil from January 1, 2019
DNUM_CBZAJZCABI 06:31
Each liter of gasoline will be subject to an environmental tax of VND4,000, and kerosene is VND1,000 from the beginning of 2019.
Environmental tax adjustment could increase electricity prices
DNUM_BIZAFZCABI 06:27
The Coal and Minerals Group believes that electricity prices will be affected because coal production costs will increase due to additional environmental taxes.
The government proposes to dramatically increase the environmental tax bracket for gasoline and oil.
DNUM_BGZAFZCABI 15:16
Each liter of gasoline will be subject to an environmental tax of VND4,000 and that of oil is VND2,000, both of which are the highest rates under the current framework.
Increasing environmental tax on gasoline: a burden on people's shoulders
DNUM_CFZACZCABI 07:00
Gasoline prices are burdened by many taxes and fees. If we continue to increase taxes on gasoline, the price level will increase and the burden will fall on the people.
What will happen to gasoline prices if environmental tax increases?
DNUM_CEZACZCABI 06:10
In the newly published draft, the Ministry of Finance proposed to simultaneously increase environmental protection tax on gasoline from 3,000 VND per liter to 4,000 VND - the current maximum level.
National Assembly does not approve environmental tax increase on gasoline
DNUM_BEZAJZCABH 11:05
The proposal to double the environmental protection tax bracket for gasoline and oil has not received consensus from the National Assembly's standing body.
Increase environmental tax on gasoline to a maximum of VND8,000 per liter
DNUM_ABZAHZCABH 09:00
The Ministry of Finance still maintains the proposal to raise the environmental protection tax bracket for gasoline to 3,000 - 8,000 VND per liter.
Businesses worried about applying new resource tax rates
DNUM_BFZAGZCABH 11:07
(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.
Petroleum Association: People have the responsibility to pay more environmental tax
DNUM_BHZAFZCABH 06:11
To compensate for the revenue loss from reduced import taxes, leaders of the Petroleum Association support early increases in domestic taxes, including special consumption and environmental protection.
VCCI: Businesses find it difficult to compete if gasoline 'bears' environmental tax
DNUM_AHZACZCABH 15:44
According to the Vietnam Chamber of Commerce and Industry (VCCI), increasing environmental protection tax on gasoline will hardly ensure compensation for budget deficit, and on the contrary, will cause Vietnamese enterprises to lose their competitive advantage against foreign competitors.
1 liter of gasoline will bear 8,000 environmental tax
DNUM_BEZABZCABH 11:01
The Ministry of Finance is seeking opinions on the draft Law amending and supplementing the Law on Environmental Protection Tax, in which gasoline is expected to be subject to a maximum environmental protection tax of VND8,000/liter.
Vietnam Airlines wants to include environmental tax in ticket prices
DNUM_CCZADZCABF 15:37
Increased environmental fees could cause airlines to incur additional expenses of hundreds of billions of dong each year, a representative of Vietnam Airlines said.
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