Environmental taxes will be imposed on five lines of goods, if the Draft on environmental tax law is passed by the National Assembly in October this year.
According to the Draft that was introduced at a recent seminar held by the Tax Policy Agency under the Finance Ministry in coordination with USAID, the five lines will include oil products such as fuels, hydro-chloro-fluoro-carbon liquids, coal, plastic bags and pesticides.
The Chief of the agency, Vu Van Truong said that the law aims to improve individuals’ and organisations’ awareness of environmental protection in life and production, reduce environmental pollution, support economic development and generate sources for environmental problems solutions.
C.T