Raising environmental protection tax on gasoline: A way to reduce environmental pollution in Vietnam
On September 26th, 2018, Resolution no 579/2018/UBTVQH14 on the Environmental Protection Tariff has been promulgated by the Standing Committee of the National Assembly. Accordingly, from January 1st, 2019, the environmental protection tax rate for a number of products such as: gasoline, oil, lubricants and coal as well as other non-environment-friendly products such as: plastic bags subject to taxation,…
|
No. |
Product |
Unit |
Tax rate (VND/ product unit) |
Tax rate (VND/ product unit) |
Tax rate (VND/ product unit) |
Growth rate (VND/ product unit) |
|
Resolution no 1269/2011/UBTVQH12 taken effect on January 1st, 2012 |
Resolution no 888a/2015/UBTVQH13 taken effect on May 1st, 2015 |
Resolution no 579/2018/UBTVQH14 taken effect on January 1st, 2019 |
||||
|
I |
Gas, oil, lubricants |
|
||||
|
1 |
Gas, except for ethanol |
liter |
1,000 |
3,000 |
4,000 |
+ 1,000 |
|
2 |
Aviation fuel |
liter |
1.000 |
3,000 |
3,000 |
0 |
|
3 |
Diesel oil |
liter |
500 |
1,500 |
2,000 |
+ 500 |
|
4 |
Petroleum |
liter |
300 |
1,000 |
+700 |
|
|
5 |
Mazut oil |
liter |
300 |
900 |
2,000 |
+ 1,100 |
|
6 |
Lubricant oil |
liter |
300 |
900 |
2,000 |
+ 1,100 |
|
7 |
Lubricant grease |
kg |
300 |
900 |
2,000 |
+ 1,100 |
|
II |
Coal |
|
||||
|
1 |
Brown coal |
ton |
10,000 |
15,000 |
+ 5,000 |
|
|
2 |
Anthracite coal |
ton |
20,000 |
30,000 |
+10,000 |
|
|
3 |
Fat coal |
ton |
10,000 |
15,000 |
+ 5,000 |
|
|
4 |
Other coal |
ton |
10,000 |
15,000 |
+ 5,000 |
|
|
III |
Dung dịch Hydro-chloro-fluoro-carbon (HCFC), including HCFC solution in a mixture containing HCFC |
kg |
4,000 |
5,000 |
+ 1,000 |
|
|
IV |
Plastic bags subject to taxation |
kg |
40,000 |
50,000 |
+10,000 |
|
|
V |
Restricted use herbicides |
kg |
500 |
500 |
0 |
|
|
VI |
Restricted use termiticides |
kg |
1,000 |
1,000 |
0 |
|
|
VII |
Restricted use forest product preservatives |
kg |
1,000 |
1,000 |
0 |
|
|
VIII |
Restricted use warehouse disinfectants |
kg |
1,000 |
1,000 |
0 |
Regarding the necessity of the enactment of this resolution, the Ministry of Finance emphasized that it would encourage every individual and organization to reduce using products that are harmful to environment and to use environment-friendly products in exchange. The Finance and Budget Committee of the National Assembly said that if the environmental protection tax rate was adjusted as above, more than VND 15,000 billion would be expected to be earned a year to help investing in dealing with environmental issues.
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