Vietnam to Raise Mining Environment Taxes Next Year, News Says
By Bloomberg News -
2011-09-06T01:45:25Z
Vietnam will raise environment taxes on mining activities starting next year, with maximum levies on coal extraction nearly doubling to 10,000 dong ($0.48) per metric ton, Vietnam News reported, citing a government decree.
Gold, lead, zinc and tin ore mining will be subject to the highest maximum environment tax rate of 270,000 dong ($12.96) per ton, a 12.5 percent increase, according to the newspaper. Environment tax rates on crude oil and natural gas extraction will be unchanged, the paper reported.
To contact the editor responsible for this story: K. Oanh Ha at oha3@bloomberg.net
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