Circular No. 1584-TC/TCT issued in 1991 by the Ministry of Finance stipulates that Vietnam National Air Transport Corporation must pay the entire amount of revenue collected from foreign aircraft flying through Vietnamese airspace occurring in 1991 according to a specific schedule.
Scope of application
[Vietnam National Air Transport Corporation]
Key points
- Vietnam National Air Transport Corporation shall pay the State budget the full amount of revenue derived from foreign aircraft flying over Vietnamese airspace arising in 1991 (Article 2)
- Any remaining balance as of October 31, 1991 must be paid by November 15, 1991 (Article 2)
- Revenue generated from November 1991 onwards shall be settled monthly; the full amount due for the previous month must be paid before the 10th day of the following month and the entire year's revenue must be submitted by January 15, 1992 (Article 2)
- Violation of payment deadlines will result in penalties pursuant to Directive No. 312-CT dated October 14, 1991 issued by the Chairman of the Council of Ministers
- The Department of Posts and Telecommunications and the General Tax Department are responsible for inspecting and urging revenue collection (Final Article)
🌐 Social impact of this document
- Increase State budget revenues from foreign aircraft flying over Vietnamese airspace
- Financial burden on Vietnam National Air Transport Corporation due to having to pay all collected funds within a short period
❓ Frequently asked questions
What amount must Vietnam National Air Transport Corporation pay the State budget?
The entire revenue derived from foreign aircraft flying through Vietnamese airspace arising in 1991.
When is the deadline for paying any remaining balance as of October 31, 1991?
By November 15, 1991.
Will there be consequences if payment deadlines are violated?
Yes, penalties will be imposed according to Directive No. 312-CT dated October 14, 1991 issued by the Chairman of the Council of Ministers.
Who is responsible for inspecting and urging revenue collection?
The Department of Posts and Telecommunications and the General Tax Department.
Full text
| NATIONAL ASSEMBLY OFFICE | VIETNAM LAWDATA DATABASE |
CIRCULAR
OF THE MINISTRY OF FINANCE NO. 1584-TC/TCT DATED OCTOBER 30, 1991
REGARDING THE PAYMENT TO THE STATE BUDGET OF FEES FOR FOREIGN AIRCRAFT FLYING OVER VIETNAMESE TERRITORY
The Council of Ministers issued Decision No. 203-HĐBT dated June 29, 1991, detailing the implementation of laws on business income tax, special consumption tax, and profit tax; Article 4 stipulates: "The Ministry of Finance shall be responsible for uniformly supervising the collection of various fees at all levels and establishing management regulations for their distribution and use... organizing the collection of certain types of large revenue-generating fees."
Article 2 of Decision No. 218-CT dated August 18, 1989 issued by the Chairman of the Council of Ministers stipulates: "Compulsory payments to the central foreign exchange fund include:... Fees from foreign aircraft flying over Vietnamese airspace."
The Chairman of the Council of Ministers' Directive No. 05-CT dated January 4, 1988 on urgent tasks to regain control of the Ho Chi Minh Flight Information Region (FIR) allowed the Civil Aviation General Department (now Vietnam Airlines Corporation) to retain all revenue from overflight services (fees from foreign aircraft flying through Vietnamese airspace) for three years (1988-1989-1990) to invest in restoring FIR infrastructure.
Pursuant to Directive No. 312-CT dated October 14, 1991 of the Chairman of the Council of Ministers on collecting overdue taxes and preventing tax evasion, pending further decisions by the Council of Ministers; the Ministry of Finance requests Vietnam Airlines Corporation to pay the entire amount of fees from foreign aircraft flying through Vietnamese airspace generated in 1991 to the state budget according to the following schedule:
- Any outstanding balance as of October 31, 1991 must be paid to the state budget by November 15, 1991.
- Amounts accruing from November 1, 1991 through December 31, 1991 shall be settled monthly; the full amount of fees accrued in the previous month must be paid by the tenth day of the following month, and a final settlement for all amounts due in 1991 must be completed by January 15, 1992.
Failure to comply with the payment deadlines set forth above will result in Vietnam Airlines Corporation being subject to penalties under Directive No. 312-CT dated October 14, 1991 of the Chairman of the Council of Ministers based on the severity of the violation.
The Ministry of Finance instructs the Department of Transportation and Posts and Telecommunications as well as the General Taxation Department to monitor and enforce collection in accordance with the spirit of this Circular.
The Ministry of Finance assigns the Department of Transportation and Postal Services and the General Tax Department to inspect and urge collection in accordance with the spirit stated in this Circular.
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