2023: New environmental protection tax on gasoline, oil, grease in Vietnam

The National Assembly Standing Committee has issued a Resolution on environmental protection tax rates for gasoline, oil and grease to apply in 2023. This Resolution takes effect from January 1, 2023.

According to the resolution, the environmental protection tax rate for gasoline, oil and grease from the effective date of this Resolution to the end of December 31, 2023 is regulated as follows:

The environmental protection tax rate for gasoline, oil and grease from January 1, 2024 shall comply with the provisions of Section I, Clause 1, Article 1 of the Committee's Resolution No. 579/2018/UBTVQH14 dated September 26, 2018 of the Committee. Standing National Assembly on Environmental Protection Tariff. Resolution No. 20/2022/UBTVQH15 dated July 6, 2022 of the National Assembly Standing Committee expires from the effective date of this Resolution.

Environmental protection tax rates are not applied to gasoline, oil and grease specified in Section I, Clause 1, Article 1 of Resolution No. 579/2018/UBTVQH14 September 26, 2018 of the National Assembly Standing Committee from the effective date of this Resolution to the end of December 31, 2023.

Source: the Internet