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Ordinance on natural resources tax.

Country/Territory
Viet Nam
Document type
Regulation
Date
1993
Source
FAO, FAOLEX
Original source
Unofficial translation by the Strategy Project, Ministry of Forestry, 4 pp.
Subject
Fisheries, Forestry, Mineral resources, Water
Keyword
Access right Inland fisheries Landing Tax/levy Fishery management and conservation Timber Water abstraction
Geographical area
Asia, East Asian Seas, South-Eastern Asia
Abstract

All natural resources are under the public ownership and under the exclusive management of the State. All organizations and individuals, Vietnamese or foreign, involved in the exploitation of resources shall pay natural resources tax in accordance with the provisions of this Law. Natural resources subject to tax as specified in this Law shall include: Minerals, metallic and non-metallic, including stone, sand, soil and gravel used as raw materials in industrial processes and small-scale handicrafts and industries, forest resources: timber firewood and others; fish and all other marine resources. Natural resources tax shall be calculated on the basis of the volume of output, the price charged per unit of production and the tax rate calculated according to the value of the particular resource exploited.

Full text
English