Change in tax assessment price for natural water resource

08:13 | 09/11/2016 Regulations Follow english.haiquanonline.com.vn on

VCN – The Ministry of Finance has issued Circular No. 174/2016/TT-BTC about adjusting and supplementing to Circular No. 152/2015/TT-BTC on guidance of resource tax.

change in tax assessment price for natural water resource

Source: Internet

Accordingly, the Ministry of Finance amended and supplemented Point a, Clause 4, Article 6 of Circular 152 which stipulates the price for tax assessment of natural water resource use in hydroelectric power production.

Specifically, from December 12^th 2016, assessment of average commercial electricity prices for resource tax assessment will be determined follow the average electrical retail price. It will be decided by the Ministry of Industry and Trade instead of the Ministry of Finance.

During implementation, if there are any difficulties, organizations and individuals should report to the Ministry of Finance for consideration and resolution in time.

By H.Vân/Thanh Thuy

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