DECISION

ADJUSTING TAX RATES IN THE ROYALTIES TARIFF ATTACHED TO THE GOVERNMENT’S DECREE No. 68/1998/ND-CP OF SEPTEMBER 3, 1998, DETAILING THE IMPLEMENTATION OF THE ORDINANCE ON ROYALTIES (AMENDED), AND DECREE No. 147/2006/ND-CP OF DECEMBER 1, 2006, AMENDING AND SUPPLEMENTING A NUMBER OF ARTICLES OF DECREE No. 68/1998/ND-CP

THE MINISTER OF FINANCE

Pursuant to the Ordinance on Royalties (amended);
Pursuant to the Government’s Decree No. 68/1998/ND-CP of September 3, 1998, detailing the implementation of the Ordinance on Royalties (amended);
Pursuant to the Government’s Decree No. 147/2006/ND-CP of December 1, 2006, amending and supplementing a number of articles of Decree No. 68/1998/ND-CP of September 3, 1998, detailing the implementation of the Ordinance on Royalties (amended);
Pursuant to the Government’s Decree No. 77/2003/ND-CP of July 1, 2003, defining the functions, tasks, powers and organizational structure of the Ministry of Finance;
At the proposal of the director of the Tax Policy Department,

DECIDES:

Article 1.- To promulgate together with this Decision the Tariff adjusting tax rates in the Royalties Tariff attached to the Government’s Decree No. 68/1998/ND-CP of September 3, 1998, detailing the implementation of the Ordinance on Royalties (amended), and Decree No. 147/2006/ND-CP of December 1, 2006, amending and supplementing a number of articles of Decree No. 68/1998/ND-CP.

Article 2.- For petroleum oil and gas, the provisions of Articles 44 and 45 of the Government’s Decree No. 48/2000/ND-CP of September 12, 2000, detailing the implementation of the Petroleum Law, apply.

Article 3.- This Decision takes effect 15 days after its publication in “CONG BAO”[1] and replaces the Royalties Tariff (Appendix 2) attached to the Finance Ministry’s Circular No. 42/2007/TT-BTC of April 27, 2007, guiding the implementation of the Government’s  Decree No. 68/1998/ND-CP of September 3, 1998, detailing the implementation of the Ordinance on Royalties (amended), and Decree No. 147/2006/ND-CP of December 1, 2006, amending and supplementing a number of articles of Decree No. 68/1998/ND-CP.

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FOR THE MINISTER OF FINANCE
VICE MINISTER




Truong Chi Trung

ROYALTIES TARIFF

(Attached to the Finance Minister’s Decision No. 16/2008/QD-BTC of April 14, 2008

No.

Groups and types of natural resources

Royalties rate (%)

...

...

...

Metallic minerals

1

Minerals of ferrous metals (iron, manganese, titanium, etc.)

5

2

Minerals of non-ferrous metals:

...

...

...

- Gold nuggets

- Rare earths

- Platinum, tin, tungsten, silver, antimony

- Lead, zinc, aluminum, bauxite, copper, nickel, cobalt, molybdenum, mercury, magnesium, vanadium, platinum

- Minerals of other non-ferrous metals

6

6

8

5

...

...

...

II

Non-metallic minerals (except for thermal mineral water and natural mineral water specified in Section VII below)

1

Non-metallic minerals used as common construction materials:

- Earth exploited for ground-leveling or fill-up or building of works

- Non-metallic minerals used as other common construction materials (stone, sand, gravel, earth for brick-making, etc.)

...

...

...

4

2

Non-metallic minerals used as high-grade construction materials (granite, dolomite, fire clay, quartzite, etc.)

5

3

Non-metallic minerals used in industrial production (pyrite, phosphorite, kaolin, mica, technical quartz, stone for lime and cement manufacture, sand for glass manufacture, etc.)

- Particularly: apatite, serpentine

5

2

...

...

...

Coal:

- Pit anthracite coal

- Open-cast anthracite coal

- Lignite, fat coal

- Other coals

2

3

3

...

...

...

5

 Gems:

a/ Diamond, ruby, sapphire, emerald, alexandrite, precious black opal

b/ Adrite, rhodonite, pyrope, beryl, spinel, topaz, crystalline quartz (purple blue, greenish yellow, orange), chrysolite, precious opal (white or scarlet), feldspar, birusa, nephrite

c/ Other gems

8

5

3

...

...

...

Other non-metallic minerals

2

III

Petroleum (1)

IV

Gas (2)

V

...

...

...

1

Log timber of various kinds:

- Group I

- Group II

- Groups III and IV

- Groups V, VI, VII and VIII

40

...

...

...

25

15

2

Pit props

15

3

Timber used as raw materials for paper production (storax, pines, etc.)

20

4

...

...

...

20

5

Impregnated timber, mangrove timber, cajuput timber

15

6

Tree branches and tops, firewood

5

7

Bamboo of all kinds

...

...

...

8

Pharmaceutical materials:

- Sandal-wood, codonopsis and aloe

- Anise, cinnamon, aquilegia, cardamom

- Pharmaceutical materials of other types

25

10

5

...

...

...

Other natural forest products:

- Wild birds and animals (allowed to be hunted)

- Other natural forest products

20

5

VI

Natural aquatic resources

- Pearl, abalone, holothurian

...

...

...

10

2

VII

Mineral water, natural water

1

Natural mineral water, purified natural water, bottled or canned

8

...

...

...

Natural water used for hydroelectricity generation

2

3

Natural water exploited for production sectors (other than those specified at Points 1 and 2):

a) Used as main or auxiliary raw materials which constitute material elements of products

b) Used for general production purposes (industrial hygiene, cooling, steam-making, etc.)

- In case ground water is used

...

...

...

- In case ground water is used

3

1

2

0

0.5

4

Natural water exploited for purposes other than those specified at Points 1, 2 and 3

0

...

...

...

a/ For services:

- Use of surface water

- Use of ground water

3

5

b/ For industrial production and construction:

- Use of surface water

...

...

...

3

4

c/ For other purposes:

- Use of surface water

- Use of ground water

0

...

...

...

VIII

 Other natural resources

- Salangane's nests

- Other natural resources

20

10