Decision No. 121/2001/QD-BTC dated November 30, 2001 of the Ministry of Finance on adjustment of tax rates on natural resources for apatite and secpantine ores

DECISION

ON ADJUSTMENT OF TAX RATES ON NATURAL RESOURCES FOR APATITE AND SECPANTINE ORES

THE MINISTER OF FINANCE

Pursuant to the Ordinance on Natural Resource Tax (amended);

Pursuant to Article 8 of Decree No. 68/1998/ND-CP of September 03, 1998 of the Government detailing the implementation of the Ordinance on Natural Resource Tax (amended);

Pursuant to Decree No. 15/CP of March 02, 1993 of the Government on tasks, powers and State management responsibilities of the ministries and ministerial-level agencies;

Pursuant to Decree No. 178/CP of October 28, 1994 of the Government on tasks, powers and organizational apparatus of the Ministry of Finance;

Pursuant to Official Letter No. 4754/VPCP-KTTH of October 09, 2001 of the Governmental Office announcing the opinions of Deputy Prime Minister Nguyen Tan Dung on assigning the Ministry of Finance to adjust the tax rates on natural resources; the opinions of the Ministry of Industry at Official Letter No. 3330/CV-TCKT of August 14, 2001 and the opinion of the Ministry of Planning and Investment at Official Letter No. 5916 BKH/CV of August 31, 2001 to propose the Prime Minister to reduce the tax rates on natural resources for Apatite and Secpantine ores from 4% to 2%.

At the proposal of the General Director of Tax,

DECIDES:

Article 1.To adjust the tax rates on natural resources for Apatite and Secpantine ores from 4% to 2%.

Article 2.The Decision takes effect from its signing. The agencies engaging in exploitation of Apatite, Secpantine ores and the Departments of Tax of the provinces and centrally-run cities shall have to implement this Decision.