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excise tax
Special consumption tax should not be imposed on gasoline and air conditioners.
Many members of the National Assembly Standing Committee believe that gasoline and air conditioners are essential goods and should not be subject to special consumption tax.
National Assembly Delegate of Hai Duong Province: Carefully consider increasing special consumption tax
National Assembly delegates from Hai Duong province proposed to carefully consider increasing special consumption tax, especially on some special items.
Sugary beverage manufacturers face concerns over special consumption tax
The proposal to add sugary soft drinks with a content of 5g per 100ml to the list of subjects subject to special consumption tax of the amended Law on Special Consumption Tax still has many conflicting opinions.
Proposal to impose 40% special consumption tax on soft drinks
Assessing the draft proposal of the Ministry of Finance proposing a tax rate of 10% on sugary soft drinks as insufficient to impact changing consumer behavior, the Ministry of Health proposed applying a rate of 40%.
Instructions on tax exemption and reduction for individuals, business households and enterprises affected by storms and floods
Individuals and businesses affected by storms and floods will receive reductions in personal income tax, special consumption tax and resource tax.
WB recommends increasing special consumption tax on alcohol to 155%
The World Bank (WB) recommends imposing a special consumption tax on beer and alcohol of up to 155% or adding an absolute level to ensure health goals.
Beer and wine are more expensive due to tax increase, who benefits and who loses?
If the special consumption tax on alcohol is raised to 100%, the price of alcohol will increase significantly compared to present.
Proposal not to increase special consumption tax on alcohol and beer to 100%
The Beer, Alcohol, and Beverage Association proposed to postpone the deadline and reduce the tax rate, to a maximum of only 80% in 2031, instead of 100% as planned by the Ministry of Finance.
Proposal to impose 10% special consumption tax on soft drinks
In the latest draft, the Ministry of Finance proposed imposing a special consumption tax on sugary soft drinks at 10%.
Wine and beer may be subject to special consumption tax of up to 100%
The Ministry of Finance proposed to increase special consumption tax on alcohol and beer according to a roadmap, to 100% by 2030.
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