Decree No. 147/2006/ND-CP amending and supplementing a number of articles of the Government’s Decree No. 68/1998/ND-CP which details the implementation of the Ordinance on Natural Resource Tax (amended).

Subject

Mineral resources, Water, Wild species & ecosystems

Keyword

Minerals Oil Tax/levy Inland waters Sustainable development Marine area Public forest Wild fauna

Geographical area

Asia, South-Eastern Asia

Entry into force notes

This Decree enters into force 15 days after its publication in the Official Gazette.

Abstract

Amendments have been made to the following articles: article 7 which has been substituted with a new article dealing with tax calculation bases for natural resources, natural water used for hydropower generation, for timber and for petroleum oil and gas; and clause 3 of article 12 on natural resource tax exemption or reduction. Minor amendments have been made to clause 7 of article 2 and to Section VII of the Natural Resource Tax Table.

Full text

English

References - Legislation

Amends

Decree No. 68/1998/ND-CP detailing the implementation of the Ordinance on Natural Resources Tax.

Legislation | Viet Nam | 1998

Keyword: Minerals, Oil, Tax/levy, Exploration, Authorization/permit, Inland waters, Sustainable development, Agricultural development, Wild fauna, Wild flora, Marine area, National parks, Public forest, Use restrictions

Source: FAO, FAOLEX

Implemented by

Circular No. 42/2007/TT-BTC guiding the implementation of the Government’s Decree No. 68/1998/ND-CP of 3 September 1998 detailing the implementation of the Ordinance on Royalties (amended) and Decree No. 147/2006/ND-CP of 1 December 2006 amending and supplementing a number of articles of Decree No. 68/1998/ND-CP.

Legislation | Viet Nam | 2007

Keyword: Minerals, Oil, Tax/levy, Inland waters, Agricultural development, Marine area, National parks, Public forest, Royalties/fees

Source: FAO, FAOLEX