Decision No. 588/QD-BTC On announcing the average retail electricity price for calculating the natural water resources tax for hydropower production in 2010

This Decision announces the average retail electricity price to be applied for calculating the natural water resources tax for hydropower production in 2010 for hydropower facilities. The price level changes at different times during the year.

Số hiệu588/QĐ-BTC
Loại văn bảnDecision
Cơ quan ban hànhMinistry of Finance
Người kýĐỗ Hoàng Anh Tuấn
Cập nhật16/06/2026
NgànhUnclassified
Lĩnh vựcTax AdministrationFees and Charges
Ngày ban hành22/03/2010
Ngày áp dụng22/03/2010
Ngày hết hiệu lực
Tình trạngIn effect
✦ Tóm lược thông minh

This Decision announces the average retail electricity price to be applied for calculating the natural water resources tax for hydropower production in 2010 for hydropower facilities. The price level changes at different times during the year.

Đối tượng áp dụng

Hydropower production facilities

Các điểm cốt lõi

  • Hydropower production facility → must apply the average retail electricity price to calculate the natural water resources tax → January and February 2010: 970 VND/KWh; from March to December 2010: 1058 VND/KWh (Article 1)
  • This Decision takes effect from the date of issuance (Article 2)
  • The Director of the State Tax Administration, the Director of the Price Management Department, and related units → shall be responsible for implementing this Decision
  • People's Committees, Departments of Finance of provinces and centrally governed cities; Provincial Tax Departments of provinces and centrally governed cities; Vietnam Electricity Corporation; Song Da Corporation; Vietnam Construction Import-Export Corporation (Vinaconex) → shall receive and implement this Decision
  • The Legal Drafting Department (Ministry of Justice), the Official Gazette, and the Ministry of Finance’s website → shall publish this Decision widely

🌐 Tác động xã hội từ văn bản này

  • To assist hydropower facilities in accurately calculating and paying the natural water resources tax
  • To ensure fairness in the collection of natural water resources tax among hydropower production units
  • Increase the financial burden on hydropower enterprises when they have to comply with the new price for calculating the tax

❓ Câu hỏi thường gặp

What is the average retail electricity price applied in January and February 2010?

970 VND/KWh (Article 1)

What is the average retail electricity price applied from March to December 2010?

1058 VND/KWh (Article 1)

When does this Decision take effect?

From the date of issuance (Article 2)

Toàn văn

MINISTRY OF FINANCE

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Number: 588/QD-BTC

SOCIALIST REPUBLIC OF VIET NAM

Independence - Freedom - Happiness

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Hanoi, March 22, 2010

Pursuant to …;

Regarding the announcement of the average retail electricity price

to be applied as the resource tax rate for natural water resources

used in hydropower production in 2010

----------------------------

THE MINISTER OF FINANCE

Pursuant to the Decree No. 118/2008/NĐ-CP dated November 27, 2008 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

Pursuant to Decree No. 05/2009/ND-CP dated January 19, 2009 of the Government detailing the implementation of the Law on Resource Tax and the Law amending and supplementing Article 6 of the Law on Resource Tax;

Pursuant to Circular No. 45/2009/TT-BTC dated March 11, 2009 of the Ministry of Finance guiding value-added tax, resource tax, and corporate income tax for hydropower production facilities;

Pursuant to Circular No. 08/2010/TT-BCT dated February 24, 2010 of the Ministry of Industry and Trade stipulating the electricity selling prices for 2010 and providing guidance on their implementation;

At the proposal of the Director General of the State Revenue Administration and the Director of the Price Management Department,

DECISION:

Article 1The average retail electricity price to be applied for calculating the resource tax on natural water resources used in hydropower production in 2010 for hydropower production facilities is announced as follows:

  • For January and February 2010: apply a price of 970 VND/KWh.

  • From March to December 2010: apply a price of 1058 VND/KWh.

Article 2. This Decision takes effect from the date of signature. The Director General of the State Revenue Administration, the Director of the Price Management Department, the heads of units under the Ministry of Finance, and related units are responsible for implementing this Decision./.

Place of Receipt:

- People's Committees, Departments of Finance of provinces and centrally administered cities;

- Tax Departments of provinces and centrally administered cities;

- Units under the Ministry;

- Vietnam Electricity Corporation;

THU PHÍ SỬ DỤNG ĐƯỜNG BỘ TRẠM THU PHÍ

- Vietnam National Construction Material Import-Export Corporation (Vinaconex);

- Legal Draft Inspection Department (Ministry of Justice);

- Official Gazette;

- Ministry of Finance website;

- To be filed with the Office; State Revenue Administration (Office, DNL).

DEPUTY MINISTER

DEPUTY MINISTER

(signed)

Do Hoang Anh Tuan

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