Circular No. 05/2020/TT-BTC amending and supplementing certain provisions of Circular No. 44/2017/TT-BTC dated May 12, 2017, of the Minister of Finance on the framework for calculating resource tax rates for groups and types of resources with similar physical and chemical properties.

CIRCULAR

Amending and supplementing some articles of Circular No. 44/2017/TT-BTC
dated May 12, 2017 of the Minister of Finance on the framework for tax calculation prices for groups and types of natural resources with similar physical and chemical properties
On the basis of the Law on Natural Resources Tax No. 45/2009/QH12 dated November 25, 2009;

On the basis of the Law on Prices No. 11/2012/QH13 dated June 20, 2012 and guiding documents for implementation;

Decision No. 084/2015/UBTVQH13 dated December 10, 2015 of the Standing Committee of the National Assembly on the issuance of the list of tax rates for natural resources taxes;

Pursuant to Resolution NUMBER 1On the basis of Decree No. 50/2010/NĐ-CP dated May 14, 2010 of the Government detailing and guiding the implementation of certain provisions of the Law on Natural Resources Tax;

On the basis of Decree No. 12/2015/NĐ-CP dated February 12, 2015 of the Government guiding the implementation of the Law amending and supplementing certain provisions of various Tax Laws and amending and supplementing certain provisions of various Tax Decrees;

On the basis of Decree No. 87/2017/NĐ-CP dated July 26, 2017 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

Pursuant to the proposal of the Director General of the State Revenue总局局长的提议，

The Minister of Finance issues this Circular to amend and supplement some articles of Circular No. 44/2017/TT-BTC dated May 12, 2017 of the Minister of Finance on the framework for tax calculation prices for groups and types of natural resources with similar physical and chemical properties.

Amending and supplementing Circular No. 44/2017/TT-BTC dated May 12, 2017 of the Minister of Finance on the framework for tax calculation prices for groups and types of natural resources with similar physical and chemical properties (hereinafter referred to as Circular No. 44/2017/TT-BTC) as follows:

Article 1. 1. Amending and supplementing Clause 4, Article 5 of Circular No. 44/2017/TT-BTC as follows:

"4. The tax calculation price for natural resources at the Tax Calculation Price Table must be consistent with the framework for tax calculation prices (higher than or equal to the minimum price and lower than or equal to the maximum price) of the corresponding group or type of natural resources as prescribed in the framework for tax calculation prices, except as provided for in Article 6 of this Circular."

2. Replacing Appendices I, II, III, and V issued together with Circular No. 44/2017/TT-BTC with Appendices I, II, III, and V issued together with this Circular.

Supplementing Appendix VII - Framework for tax calculation prices for other natural resources issued together with this Circular.

Abolishing Article 8 of Circular No. 44/2017/TT-BTC.

Article 2. 1. This Circular takes effect from March 5, 2020.

Article 3. Effectiveness

2. During the implementation process, if there are any difficulties, please reflect them to the Ministry of Finance through provincial People's Committees, organizations, and individuals for research and resolution./.

2. During the implementation process, if there are any difficulties, it is recommended that the provincial people's committees, organizations, and individuals report to the Ministry of Finance for research and resolution./.