Tuesday, March 26, 2019 - 9:24:04

Law on Environmental Protection Tax

Proposal on environmental tax hike rejected

Business

Proposal on environmental tax hike rejected

The National Assembly Standing Committee has not approved the Ministry of Finance’s proposal to almost triple the environmental protection tax on oil and gas consumption, citing potential harm to consumers.

Environmental tax hikes planned for HCFC, plastic bags

Environment

Environmental tax hikes planned for HCFC, plastic bags

When a bill on amendments and supplements to the Law on Environmental Protection Tax is approved by the National Assembly, environmental protection taxes on HCFC (hydro-choloro-flouro-carbon) solution and plastic bags might be raised because these products have critical impacts on the environment, said a finance official.