Circular No. 30/TC-TCT guiding the tax revenue management regime for the marine fishing industry

CIRCULAR

Guidelines for the management of tax collection for the fishing industry

Implementing the Law on Business Tax, the Law on Income Tax, and Decree No. 351/HĐBT, No. 353/HĐBT dated October 2, 1990 of the Council of Ministers detailing the Law on Business Tax and the Law on Income Tax;

Based on the Natural Resources Tax Ordinance dated March 30, 1990 of the State Council, Decree No. 05/HĐBT dated January 7, 1991 of the Council of Ministers detailing the Natural Resources Tax Ordinance, and Circular No. 07/TC-TCT dated February 7, 1991 of the Ministry of Finance guiding its implementation;

Based on the characteristics of the fishing industry's operations, after reaching consensus with the Ministry of Fisheries, the Ministry of Finance guides the implementation of the Law on Business Tax, the Law on Income Tax, the Natural Resources Tax Ordinance, and the management system for tax collection for the fishing industry as follows:

 

I- SCOPE OF APPLICATION

1. All organizations and individuals belonging to various economic sectors, regardless of being domestic or foreign, operating regularly or irregularly, having fixed or mobile locations (hereinafter referred to collectively as fishing exploitation units) that engage in natural aquatic resource exploitation within the territory of the Socialist Republic of Vietnam are subject to the laws and ordinances guiding this circular.

2. The production and business activities of the fishing industry not covered by this circular include:

Exploitation and harvesting of cultivated aquatic resources.

Purchasing, processing, trading in exports and imports of aquatic products.

Other production, business, and service activities, including those directly serving natural aquatic resource exploitation.

These activities must pay business tax, income tax, budget capital usage fees, and other required payments according to current regulations.

 

II - POLICIES FOR TAX COLLECTION AND BASIS FOR CALCULATING TAXES

1. Current tax policies applicable to fishing exploitation activities include:

Natural resources tax, which is payment for exploiting state resources, is recorded as part of the exploitation costs of the unit.

Business tax calculated based on revenue from selling harvested aquatic products.

Income tax collected from organizations and individuals with income from fishing exploitation activities.

In addition, depending on the economic sector, fishing exploitation units must also comply with current tax collection and tax policies such as:

Units in the non-state economy must pay the business license fee (an annual registration fee) according to the type and level of business license stipulated in Decision No. 421-HĐBT dated December 10, 1990 of the Council of Ministers.

State-owned enterprises must pay a 0.3% monthly budget capital usage fee, pay depreciation of fixed assets funded by the budget, and other required payments according to state regulations.

2. Basis for calculating taxes:

The basis for calculating taxes includes the quantity of taxable aquatic products, the taxable price, and the tax rate.

a) Quantity of taxable aquatic products: the actual quantity of aquatic products exploited during the period:

For large-scale exploitation units implementing accounting records and vouchers in accordance with state regulations (collectively referred to as declaration-based tax-paying units), it is the quantity of aquatic products exploited during the period.

Small-scale exploitation units implement quantity-based tax quotas (collectively referred to as quota-based tax-paying units).

The quota method must be the result of close and regular cooperation between the tax and fisheries departments, based on actual surveys of typical cases during the period, combined with reference to previous years' data regarding exploitation capacity such as: number of vessels, horsepower (HP) of vessels, fishing profession, actual exploitation yield, labor, material, and capital conditions of each unit, season, offshore fishing grounds, etc., to determine the exploitation quantity.

Determining the quota quantity for each unit as the basis for calculating taxes must be carefully implemented, ensuring transparency and democracy, and must be documented in a signed record by the unit and approved by the tax authority's leadership before issuing the tax amount and notification. The quota quantity for taxation is determined by the Provincial/City Tax Bureau in conjunction with the fisheries department, submitted for approval and official announcement by the local People's Committee to stabilize for three years. If there is a fluctuation of about 30% due to increased exploitation volume, the exploitation volume should be adjusted to match reality, ensuring fair contribution.

b) Taxable price: the average selling price of each type of exploited aquatic product in the local market during the tax period.

For declaration-based tax-paying units: the taxable price is the average actual selling price of each type of aquatic product at the exploitation unit recorded on sales invoices issued by the Ministry of Finance.

If the exploited aquatic products are sold for foreign currency revenue, the tax is calculated in foreign currency and converted to Vietnamese Dong using the buying exchange rate published by the State Bank of Vietnam at the time of taxation, or may be paid in foreign currency as prescribed by the Ministry of Finance.

For quota-based tax-paying units.

To ensure the taxable price is relatively close to the actual market price, depending on the specific situation of each locality, during each round of quantity and tax quota organization, provincial/city tax bureaus under central jurisdiction must coordinate with relevant agencies (fisheries, finance, pricing) to set a taxable price for aquatic products consistent with local market prices and notify the units to implement. When prices change (increase or decrease) by 20% or more, the revenue and tax quota levels must be adjusted accordingly to match reality.

c) Tax rate:

Fishing exploitation units (regardless of whether they are declaration-based or quota-based) determine a unified tax rate ratio applicable to all types of taxes as follows:

Dividing the total quota tax payable by the revenue yields the quota tax rate on revenue.

The natural resources tax applied to Vietnamese organizations and individuals exploiting natural aquatic resources shall be carried out in accordance with Circular No. 07-TC/TCT dated February 7, 1991 of the Ministry of Finance guiding the implementation of the Natural Resources Tax Ordinance.

A 3% tax rate applies to the exploitation of natural aquatic resources in rivers, streams, lakes, etc.

Levy 4% for natural marine fishing, specifically: levy 10% for bird's nest harvesting, 6% for harvesting cuttlefish, pearls, sea cucumber, and red coral.

Turnover tax, levy 2% on sales revenue from harvested seafood.

Income tax: levy 1% on revenue for small households; 30% on taxable income for entities that file taxes using the declaration method.

To determine the income tax rate, it is necessary to conduct typical surveys on production and business costs, accurately calculate all cost factors and deductible taxes; determine the taxable income during the period for each type of entity.

For medium and large-sized entities that pay taxes using a different declaration method but essentially still have fixed quotas based on sales volume, in this case, apply a 30% tax rate on taxable income to find the income tax rate based on sales volume as follows:

 

III - TAX DECLARATION AND REGISTRATION

According to the provisions of tax laws and the Tax Ordinance, entities engaged in fishing must pay resource taxes at the place of exploitation, turnover tax at the place of business where sales revenue is generated, and business license tax, income tax, and other payable amounts (if any) at the location of their main office. Due to the characteristics of fishing activities and to ensure strict tax management at the source, tax declaration and registration procedures for fishing entities are as follows:

1. Declaration and registration for tax:

All fishing entities must register for taxes with the local tax authority directly managing tax collection no later than five days before commencing operations (or splitting, merging, or dissolving) and annually no later than fifteen days into the first month of the year.

Fishing entities must maintain accounting records according to the Accounting and Statistics Ordinance of the State Council, issue purchase and sale invoices, and collect payments in accordance with state regulations. For non-state-owned economies, depending on the scale of business as defined by the local tax authority, they must also implement private accounting systems issued by the Ministry of Finance.

The tax declaration form must be made in two copies sent to the tax authority, detailing all types of taxes due; business license tax, resource tax, turnover tax, income tax, and other payable amounts according to prescribed regulations, and the indicators listed in the attached Circular (Form No. 1).

Upon receiving the tax declaration form, the tax authority must:

Review the declared information, compare it with actual conditions, confirm on the declaration form: one copy returned to the entity as proof of having completed the registration process, one copy retained by the tax authority (accounting department).

Handle entities that declare incorrectly according to the Tax Law and Tax Ordinance.

Categorize entities by recording the registration indicators of each declaration form in the directory and registering entities by tax according to the industry code of each economic component.

Assign staff to manage tax collection appropriately according to the scale and level of production and business management of the entity.

Coordinate with fisheries authorities in managing and issuing Business Licenses and fishing logs for entities.

Announce the types of taxes due, the amount of tax, and the payment deadlines for taxpayers in January each year, including business license tax, resource tax, turnover tax, income tax...

2. Tax Payment Procedures:

Business license tax is paid at the beginning of the year; resource, turnover, and income taxes are paid periodically, with deadlines set by the tax authority.

Fishing entities that register to operate and register for taxes in a locality must fully comply with tax payment procedures at the local tax authority. The payment procedures are as follows:

a) Entities paying taxes through the declaration method:

The number of entities paying taxes through the declaration method in fishing activities is very limited. Non-state-owned economic entities all adopt the quota method. In state-owned enterprises, the declaration method is only applied to large entities that can maintain reliable accounting records. Additionally, state-owned fishing enterprises must closely coordinate bookkeeping with product quotas in fishing activities.

For entities paying taxes through the declaration method, within the first five days of the month, they must submit the previous month's tax declaration form to the direct tax collection authority. The declaration form should be made in two copies submitted to the tax authority according to the attached Circular (Form No. 2).

After reviewing and confirming the declaration form, the tax authority will establish a tax ledger and notify the taxpayer of the tax payment. For state-owned enterprises, the Ministry of Finance has established a self-payment system for taxes, whereby entities proactively prepare payment vouchers in cash or by bank transfer to the state budget without requiring the signature of the tax authority. Therefore, based on the reviewed declaration form, the tax payment notification must clearly state the current tax liability, the amount temporarily paid, the outstanding balance from the previous period (or overpayment), the total tax due with details of each type of tax (resource, turnover, income...), and the payment deadline.

Based on the tax authority's notification, the entity must complete the payment voucher and pay the full tax due into the state budget at the treasury (or Bank) where the entity maintains its transaction account within no more than fifteen days from receipt of the notification. The payment voucher must detail each type of tax consistent with the total tax due according to the state budget classification.

b) Entities paying taxes through the quota quantity method:

Quota quantities and taxes for each type of entity are implemented thoroughly according to the procedure, openly, democratically... The tax authority notifies the quota quantity, tax calculation price, tax rate, amount of tax due (based on detailed types of tax), and the tax payment deadline to the taxpayer.

Upon maturity, based on the tax authority's notification, the taxpayer shall pay the full amount of tax due to the state budget at the nearest treasury (or Bank). In exceptional cases, the tax authority may directly collect taxes or authorize collection, and deposit them into the treasury at the end of the day or periodically according to the agreement between the tax authority and the State Treasury. When collecting taxes, the tax receipt must be made in three copies: copy 1 submitted to the tax authority, copy 2 handed over to the taxpayer, and copy 3 retained at the stub of the receipt.

The tax payment notice and tax collection receipt must detail the amount of tax paid for each type of tax corresponding to the total tax paid according to the state budget ledger.

3. Tax inspection, settlement, and finalization:

a) Tax inspection:

Tax inspection work occupies an important position in the content of the management system at the grassroots level, overseeing all stages of tax business operations on a regular basis.

Tax registration inspection promotes compliance with timely registration of changes such as alterations in fishing activities, horsepower of vessels, labor, etc., to accurately determine revenue and prevent revenue loss.

Inspection of accounting record-keeping practices in accordance with the regulations set by the state for each economic sector, suitable to the scale of business of non-state-owned households as guided by the tax authority, with particular emphasis on the reconciliation of accounting records with actual operations.

Inspection of tax declaration and payment procedures (for state-owned enterprises implementing self-payment systems, monthly declarations and payments according to the tax authority's notifications; for non-state-owned households paying tax quotas according to the tax authority's notifications), and inspection of late payment penalties.

Cooperation with fisheries agencies and border police at control stations to inspect compliance with necessary procedures when engaging in business activities and the fulfillment of tax obligations through inspection logs, fishing activity logs, and tax receipts.

Any violations discovered during inspections that require legal action must be documented in a report and processed according to the law, consistent with the authority of each type of tax officer as prescribed.

b) Settlement and finalization of tax payments:

Fishing exploitation entities must settle and finalize tax payments in the following situations:

Entities declaring and temporarily paying various types of taxes monthly, upon annual business settlement or organizational changes such as mergers, divisions, dissolution, etc., must settle and finalize their taxes within the deadline specified by the tax authority, not later than 45 days from the end of the year or fishing season, and not later than 15 days after receiving the settlement statement, and must pay any outstanding taxes. If they have overpaid, it can be offset against future tax liabilities or refunded.

Entities paying taxes under the quota method, in principle, pay taxes in full for each period as stipulated by the tax authority and do not need to settle or finalize.

Due to the nature of the fishing industry, although taxes are paid at the place of residence and business registration, when the seasonal fishing activities move to different localities, there may be cases where resource taxes must be paid locally. Therefore, when returning to the place of residence, the tax authority will refund the resource tax paid elsewhere.

To obtain a refund of resource taxes paid elsewhere, the procedure is as follows:

The entity fills out a declaration of resource taxes paid elsewhere according to the tax authority's form, specifying the time, location of exploitation, amount of resource taxes paid, and attaching the tax receipt issued by the tax authority and sent to the tax authority at the place of tax registration.

After reviewing the declaration and tax receipt, the tax authority confirms the tax payment on the declaration, noting the name of the head of the tax authority who reviewed it and affixing the seal.

Retain the declaration as a tax receipt document and return the tax receipt issued by the local tax authority where the fishing grounds are located to the entity.

Deduct the resource tax already collected from the entity's tax liability for the next period, or process a refund for the entity.

If the resource tax paid at the place of registration is less than the tax paid at the exploitation locality, only the tax paid at the place of registration can be deducted, while the tax quota for the entity should be reassessed to better reflect reality.

 

IV - TAX EXEMPTION AND REDUCTION

Tax exemption and reduction for fishing exploitation entities are implemented according to Articles 18 of the Business Income Tax Law, Article 21 of the Corporate Income Tax Law, Article 12 of the Resource Tax Ordinance, and detailed provisions in Decrees No. 351-HĐBT, No. 353-HĐBT, and No. 06-HĐBT of the Council of Ministers.

Entities with income below 50,000 VND per person per month are exempted from business income tax and corporate income tax.

Damage from natural disasters or enemy actions between 20% and 50% allows for a proportional reduction in business income tax, resource tax, and corporate income tax. If damage exceeds 50% and affects assets, capital, etc., tax exemption may be considered.

Reinvested profits are subject to a reduced corporate income tax rate. The reduction rate equals the ratio of reinvestment funds from profits to taxable income for the year, but the maximum reduction cannot exceed 50% of the corporate income tax payable for the year.

For state-owned fishing enterprises, if the remaining profit after paying corporate income tax does not ensure the minimum level required to allocate two welfare funds as stipulated by the Council of Ministers, a reduction in corporate income tax may be considered; or a maximum reduction in resource tax of up to 50% in the first year, up to 40% in the second year, and up to 30% in the third year from the start of exploitation may be granted.

The Ministry of Finance delegates to the Provincial Tax Bureau, City Tax Bureau, and Special Administrative Region Tax Bureau under central jurisdiction the authority to examine and decide on tax exemptions and reductions for aquatic resource exploitation establishments that fall within the scope of tax exemptions and reductions as stipulated by the Law on Taxation and the Ordinance on Taxation, and must report to the Ministry of Finance (General Department of Taxation) at least 15 days before issuing the decision.

The procedure for examining tax exemptions and reductions shall be carried out as follows:

Establishments eligible for tax exemptions and reductions must submit a detailed application explaining the reasons for requesting such exemptions to the direct tax collection agency using the prescribed form provided by the tax authority.

The tax authority must verify and investigate, and propose a written recommendation for resolution along with the establishment's application, to be submitted to the higher-level tax authority.

After receiving complete and properly processed files from the District Tax Branches, the Provincial Tax Bureau, City Tax Bureau, and Special Administrative Region Tax Bureau must review, examine, and issue a written decision sent to the direct tax collection agency, while simultaneously informing the establishment requesting the exemption of the resolution result. The examination and decision on tax reduction and exemption shall be conducted annually or seasonally.

 

V - MANAGEMENT MEASURES FOR TAX COLLECTION

To ensure compliance with the Law on Taxation and the Ordinance on Taxation regarding aquatic resource exploitation activities, the tax authority must implement the following management measures for tax collection:

1. Regularly organize extensive publicity campaigns through various means to all levels, sectors, and individual fishermen to ensure that everyone understands the state's tax policy and voluntarily fulfills their civic duties.

2. Proactively seek leadership guidance from People's Committees at all levels by drafting work programs, specific management measures, and local recommendations concerning coordination and cooperation in directing work, as well as concrete measures to address difficulties, ensuring centralized and unified direction in coordinating closely with related sectors: fisheries, public security, border defense, finance, price control, etc., to implement these measures.

a) Organize registration to grasp all households (establishments) engaged in aquatic resource exploitation activities within the administrative area, based on guiding households to declare and register taxes according to the prescribed forms, classify households according to business licenses, and enter them into the register book according to the code number for each economic component. Issue tax exemption certificates to households eligible for exemption.

b) Conduct surveys on the actual exploitation capacity of each establishment within the administrative area regarding indicators such as the number of vessels, total horsepower (capacity) of vessels, actual productivity, and types of products of each type of vessel and fishing method (typical surveys of different target species exploited by similar vessels, same horsepower, similar fishing gear, same fishing grounds and seasons...), sources of aquatic resources in each fishing ground during each season, etc.

c) Coordinate with the fisheries management agency, public security border defense to perform the following tasks:

The tax authority issues tax registration certificates and fishing activity record books to establishments according to the unified model prescribed by the Ministry of Finance, and guides the establishment of accounting records and the issuance of invoices uniformly issued by the Ministry of Finance.

The fisheries management agency issues business registration permits.

Public Security Border Defense controls and permits vessels to go to sea for fishing operations.

Propose the establishment of inter-sectoral inspection stations by local People's Committees, including public security, border defense, fisheries, and taxation, to inspect compliance with management regulations for aquatic resource exploitation and tax collection.

d) Organize meetings with taxpayers to guide and disseminate tax policies. Organize democratic discussions on the quantity of quotas, taxable value, tax rate, amount of tax payable, etc. Based on the guidance and investigation of typical establishments, determine and extrapolate for similar establishments.

3. Classify aquatic resource exploitation establishments and specify them as follows:

Establishments capable of fulfilling tax payment obligations through self-reporting methods (very limited).

Establishments paying taxes through quota methods.

The classification of establishments for applying tax collection methods depends not only on the scale of business operations but also on the capabilities of tax officials to ensure effective tax collection management, preventing revenue loss.

4. Organize and manage tax collection by concentrating competent and morally sound staff to oversee key regions and establishments, while deploying sufficient forces to cover activities within the administrative area:

Direct the implementation of the tax collection process from household registration, tax registration organization, household classification, establishment of taxpayer registers, tax declaration and payment organization, exemplary management, adjustment of tax quotas, innovation in management of establishments, separation of functions at each stage for mutual supervision and monitoring.

Regularly and periodically conduct tax inspection and settlement work for taxpayers and tax officials to ensure tax collection in accordance with policy and prevent revenue loss for the State budget.

5. Tax collection for aquatic resource exploitation activities shall be directly handled by the tax authority or may be delegated to other agencies when necessary, as specified by the Provincial Tax Bureau, City Tax Bureau, and Special Administrative Region Tax Bureau.

6. To ensure conditions for collecting taxes on aquatic resource exploitation, the tax sector is allowed to retain 5% of the procedural fees calculated based on the total tax collected to serve the organization of combined tax collection forces, such as remuneration for agencies entrusted with tax collection and other sectors with combined forces (fisheries, public security border defense, village people's committees, etc.).

The General Department of Taxation shall submit to the Ministry for promulgation the system of management, distribution, and use of retained procedural fees in accordance with regulations.

 

VI- IMPLEMENTATION

1. Organizations and individuals engaged in aquatic resource exploitation must comply with laws and ordinances on taxation as detailed in this Circular. Any violations of tax policy will be penalized according to the provisions of the Law on Business Income Tax, the Law on Corporate Income Tax, and the Ordinance on Resource Tax.

2. The Ministry of Finance will cooperate with the Ministry of Fisheries to study and submit to the Council of Ministers for abolition of tax collection systems established by localities outside those stipulated by laws and ordinances on taxation already enacted by the National Assembly and the State Council.

3. Tax authorities at all levels shall closely coordinate with fisheries agencies to disseminate guidelines for fishing enterprises to comply with the Law on Taxation - the Ordinance on Tax and detailed provisions of this Circular.

During implementation, any difficulties encountered should be promptly reported to the Ministry of Finance (General Department of Taxation) for study and resolution.

4. This Circular takes effect from the date of signature, and all previous documents that conflict with this Circular are hereby abolished.

Attached to this Circular are model registration forms for tax, tax declaration forms, resource tax declaration forms, applications for tax reduction or exemption, and model fishing operation books.

 

FORM NO. 1

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

Hanoi, day... month... year 199

Application for registration of groundwater extraction works (for cases of extracting water for purposes with a scale not exceeding 10 m

TAX REGISTRATION

Name of the fishing enterprise...

Full name of the household head or director of the fishing enterprise...

Industry and trade sector...

Business registration address...

Bank account opening place... Account number...

Place of operation...

Fishing license number... date...

Issuing authority...

Total production and business capital... sourced from state budget...

Fixed capital... VND sourced from state budget...

Working capital... VND sourced from state budget...

Total number of fishing vessels... units...

Where:

Type of vessel...

Other related issues (if any): In addition to the main task of assessing technologyand the environment, it is also necessary to consider and comment on otherrelated issues such as:

Total engine power of vessels (HP)...

Total number of workers... people...

Of which: outsourced workers...

Start date of operation: day... month... year...

Estimated annual catch volume...

Annual revenue...

 

Tax rate...

Estimated annual tax payable...

Our enterprise hereby registers to pay taxes from day... month... year... and assumes responsibility for the accuracy of the declarations made herein and for strictly complying with the responsibilities and obligations stipulated in tax laws.

MODEL NO. 2

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

Hanoi, day... month... year 199

Application for registration of groundwater extraction works (for cases of extracting water for purposes with a scale not exceeding 10 m

PAYMENT OF FISHING TAX

Month... (or quarter)... Year...

(Applicable for taxpayers who declare their income)

Name of the fishing enterprise (or household head)...

Main office address...

Bank account opening place... Account number...

Place of operation...

We solemnly declare that the information and figures above are true, and if found to be incorrect, our enterprise will accept the penalties prescribed by law and the Ordinance on Tax.

MODEL 2B

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

RECORD

QUOTA FOR QUANTITY OF FISHING PRODUCTS TO CALCULATE TAX

Today, day... month... year...

At...

We include:...

1... Representative of the tax authority

2... Representative of the fisheries agency

3... Representative of the People's Committee of the ward, commune...

4... Household head of the fishing enterprise

Other related issues (if any): In addition to the main task of assessing technologyand the environment, it is also necessary to consider and comment on otherrelated issues such as:

After discussion, we have agreed on the quota for quantity of fishing products harvested, revenue subject to taxation, and tax payable for each household in the year (or quarter) according to the attached declaration form.

Households engaged in fishing must comply with the full payment of tax due and within the deadline notified by the tax authority.

The minutes have been read and everyone has agreed to sign below.

(ATTACHED TO 2B)

LIST OF QUOTAS AND TAXES

According to the minutes dated...

 

MODEL NO. 3

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

Day... month... year 199

PETITION FOR APPLICATION

REQUEST FOR TAX REDUCTION (OR EXEMPTION)

Respectfully submitted to:...

Name of the fishing enterprise...

Main office address...

Bank account opening place... Account number...

Place of operation...

Request the tax authority to consider reducing (or exempting) tax for our enterprise in the month... year...

Total tax payable...

Amount of tax requested to be reduced (or exempted)...

Remaining tax payable...

Reason for requesting tax reduction (or exemption)...

Supporting documents for the request for tax reduction (or exemption) include:

1)

2)

3)

Other related issues (if any): In addition to the main task of assessing technologyand the environment, it is also necessary to consider and comment on otherrelated issues such as:

We solemnly declare that the documents above are true, and if found to be false upon inspection by the tax authority, our enterprise will accept the penalties prescribed by tax laws and ordinances.

 

MODEL NO. 4

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

Day... month... year 199

Application for registration of groundwater extraction works (for cases of extracting water for purposes with a scale not exceeding 10 m

PAYMENT OF RESOURCE TAX

No.:...

To the tax authority (place of business registration):

Name of the fishing enterprise...

Main office address...

Bank account opening place... Account number...

Taxes paid at the place of business registration up to the end of the month... year... amount...

From day... month... year... to day... month... year... fishing at...

Resource tax paid at the tax authority...

amount... tax receipt number... date...

Request the tax authority to deduct the resource tax paid at... from the tax payable in the next period for the enterprise.

We solemnly declare that the information declared above is true, and if found to be false, we will accept the penalties prescribed by tax laws.

FORM NO. 5

MODEL FISHING OPERATIONS BOOK

A- COVER PAGE

B- CONTENTS:

1. The first page of the book records general indicators

2. Part tracking fishing operations and tax payments

Note:

Book size 15 x 21 cm

Thickness of 30 pages, numbered sequentially from 1 to 30 (excluding cover), with a tax authority stamp between pages.

The Department of Taxation of DP shall print and sell these books to fishing enterprises. When using the book, registration with the tax authority at the place of business registration is required. The tax authority confirms the book, tracks the voyage and tax payment of the enterprise./.