VietlawOnline

blue-check It is required to pay 8% royalty upon exploitation of natural water for manufacture purpose

Official letter No. 87/TCT-CS dated January 11th, 2022 of the General Department of Taxation regarding royalty rate
Posted: 10/2/2022 11:13:28 AM | Latest updated: 16/2/2022 7:47:36 AM (GMT+7) | LuatVietnam: 5391 | Vietlaw: 553
VietlawOnline

According to the regulations at point b Section 3.2 Part V of the Table of royalty rates promulgated together with Resolution No. 1084/2015/NQ-UBTVQH13, natural water exploited for manufacture of beverage shall be subject to royalty at the rate of 8%.

Ms Phuong Thao (VietlawOnline.com)
Please tag VietlawOnline.com when reposting this article

Related documents

Penalty document

Unknown

Information
Effective Date Unknown
ExpiredDate Unknown
Published Vietlaw's Newsletter No. 553

Files attachment

vnflag pdficon CV87-11012022TCT.PDF
vnflag wordicon CV87-11012022TCT.docx
enflag pdficon CV87-11012022TCT[[VLO].pdf

Timeline

No data

Tax of Resources

blue-check It is required to pay 8% royalty upon exploitation of natural water for manufacture purpose
blue-check Regarding taxable price of exported natural resources
blue-check Price brackets for calculation of natural resource tax applicable from March 5th, 2020
red-check Grounds for calculation of charge for granting water right
red-check Taxable price brackets for natural resources with similar physical and chemical properties
blue-check Competence to determine average selling price of electricity for calculating the resource royalty shall be changed
blue-check Amending base used for calculating severance tax
blue-check Price frameworks for collection of money for using sea areas serving business and production
red-check New guidance on severance tax
blue-check Taxable price for resources
red-check Law on royalties