Circular No. 299-TC/TQD guides the implementation of the tax policy on slaughter

CIRCULAR
Guidelines for Implementing the Tax Policy on Slaughtered Animals

THE MINISTER OF FINANCE

Pursuant to Resolution No. 136-CP dated August 5, 1969 of the Council of Ministers promulgating policies and measures to encourage pig farming;

Pursuant to Circular No. 03-TT/LB dated October 6, 1969 of the Ministry of Agriculture and the Ministry of Commerce guiding the implementation of the aforementioned resolution;

Pursuant to Directive No. 132-TTg dated December 4, 1969, the Ministry of Finance guides certain points regarding the tax on slaughtered animals as follows:

1. Starting from January 1, 1970, for pigs purchased and slaughtered by state trading enterprises, the tax on slaughtered animals will no longer be collected as before, but instead, a system of incentives for the delivery of agricultural products and foodstuffs will be applied as stipulated in Directive No. 132-TTg dated December 4, 1969 of the Prime Minister.

As there is no longer a need to pay the tax on slaughtered animals, and since state trading enterprises no longer purchase 100% of the pigs raised by farmers and no longer reserve meat for them through coupons, when purchasing pigs, state trading enterprises do not have to prepay the reduced tax amount to the farmers. The capital allocated by the budget to the food company for prepayment of this reduced tax must now be returned to the budget. Farmers will still be exempt from the tax on slaughtered animals for a certain amount of meat reserved for them (see guidance in paragraph 2 below, as prescribed in Circular No. 125-TTg/TN dated December 31, 1964 of the Prime Minister).

The portion of the tax on slaughtered animals previously allocated to the communal budget will now be replaced by a percentage (%) of the revenue transferred to the provincial or municipal budget under the incentive system for delivering agricultural products and foodstuffs (detailed guidance will follow separately).

2. For the number of pigs left for farmers after they have fulfilled their obligation to sell pigs to the State, when slaughtering these pigs, farmers must pay a tax of 6đ per pig, but this can be reduced by 15% (0đ90) if in the plains, or by 20% (1đ20) if in mountainous areas (meaning only 5đ10 or 4đ80 must be paid). Communes in both plains and mountainous areas will continue to allocate a fixed amount of 0đ80 per slaughtered pig to the communal budget as before.

3. For other cases of pig slaughter (slaughtering pigs raised independently, slaughtering pigs at funerals, weddings in mountainous areas, etc.), the collection and reduction of the tax on slaughtered animals will still be implemented according to the provisions in Circulars No. 01-TC/TT dated January 5, 1965 and No. 03-TT/LB dated January 21, 1965.

4. For places where, due to certain reasons, local administrative committees still allow food companies to continue purchasing all pigs leaving the farm while reserving a certain amount of meat for farmers through coupons or books to purchase meat from state trading enterprises: further guidance will be provided.

It is requested that the administrative committees strictly direct the implementation of the provisions in this circular. Any difficulties encountered during implementation should be reported to the Ministry of Finance for study and resolution.