Environmental tax on energy to be slashed from next month
The National Assembly Standing Committee on March 23 passed a resolution on reduction of environmental protection tax on petroleum, oil and lubricants.
Ministry proposes cutting 50 percent of environmental tax on petrol
The Ministry of Finance said it has completed the National Assembly Standing Committee’s draft Resolution on the adjustment of environmental protection tax rates for gasoline, oil, and grease, which is set to become effective from April 1 to the end of December 31 this year.
The Ministry of Finance proposes to reduce environmental protection tax by 1,000 VND/liter of gasoline
The Ministry of Finance has just officially sent a document to the ministries, branches and the Vietnam Petroleum Association on the draft Resolution of the National Assembly Standing Committee to adjust the environmental protection tax rate for petrol, oil and grease (except for jet fuel).
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