Resolution No. 1084/2015/UBTVQH13 stipulates the scale of tax rates for natural resources based on the tax rate framework prescribed by the amended Law on Natural Resources Tax in 2014. This document replaces previous resolutions and takes effect from July 1, 2016.
Scope of application
Mineral resource exploiters and economic organizations operating in the field of natural resources
Key points
- Mineral resource exploiters → must pay natural resources tax according to the scale of tax rates prescribed by this Resolution.
- Economic organizations exploiting natural resources → are subject to specific tax ratios based on the type of natural resources and volume extracted, as provided for in Article 1 of this Resolution.
- This Resolution replaces the previous Scale of Tax Rates for Natural Resources (Resolution No. 712/2013/UBTVQH13).
- The Scale of Tax Rates for Natural Resources takes effect from July 1, 2016.
🌐 Social impact of this document
- Mineral resource exploiters will face an increased tax burden due to the application of new tax scales, but at the same time, it generates revenue for the state budget.
- Economic organizations operating in the field of natural resources may encounter difficulties when adjusting their financial plans based on the new tax ratios.
❓ Frequently asked questions
Which scale of tax rates must mineral resource exploiters pay?
Must pay according to the scale of tax rates prescribed by Resolution No. 1084/2015/UBTVQH13.
This Resolution replaces which Scale of Tax Rates for Natural Resources?
Replaces Resolution No. 712/2013/UBTVQH13 on the issuance of the Scale of Tax Rates for Natural Resources.
When does this Resolution take effect?
This Resolution takes effect from July 1, 2016.
Full text
RESOLUTION
ADOPTING THE SCALE OF MINERAL RESOURCE TAX RATES
NATIONAL ASSEMBLY STANDING COMMITTEE
SOCIALIST REPUBLIC OF VIET NAM
WHEREAS, the Constitution of the Socialist Republic of Vietnam;
WHEREAS, Law on Organization of the National Assembly No. 57/2014/QH13;
WHEREAS, Law on Mineral Resource Tax No. 45/2009/QH12 as amended and supplemented by certain Articles pursuant to Law No. 71/2014/QH13;
BASED ON the review of Proposal No. 458/TTr-CP dated September 29, 2015 of the Government; Report on Examination No. 3161/BC-UBTCNS13 dated December 8, 2015 of the Committee for Finance and Budget regarding the Draft Resolution amending and supplementing Resolution No. 712/2013/UBTVQH13 dated December 16, 2013 of the National Assembly Standing Committee on the issuance of the Scale of Mineral Resource Tax Rates,
RESOLVES:
Article 1
To promulgate with this Resolution the Scale of Mineral Resource Tax Rates according to the tax rate framework for mineral resource taxes as stipulated in Article 7 of Law on Mineral Resource Tax No. 45/2009/QH12, which has been amended and supplemented by certain Articles pursuant to Law No. 71/2014/QH13.
Article 2
This Resolution shall take effect from July 1, 2016.
Resolution No. 712/2013/UBTVQH13 dated December 16, 2013 of the National Assembly Standing Committee on the issuance of the Scale of Mineral Resource Tax Rates shall cease to be effective from the date this Resolution takes effect./.
| Hanoi, December 10, 2015 | |
|
CHAIRMAN OF THE NATIONAL ASSEMBLY STANDING COMMITTEE
CHAIRPERSON
Nguyen Sinh Hung
|
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