Decision No. 16/2008/QD-BTC dated April 14, 2008 of the Ministry of Finance adjusting tax rates in the royalties tariff attached to the Government’s Decree No. 68/1998/ND-CP dated September 3, 1998, detailing the implementation of the Ordinance on royalties (amended), and Decree No. 147/2006/ND-CP dated December 1, 2006, amending and supplementing a number of articles of Decree No. 68/1998/ND-CP

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Issuing body:	Ministry of Finance	Effective date:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Official number:	16/2008/QD-BTC	Signer:	Truong Chi Trung
Type:	Decision	Expiry date:	Updating
Issuing date:	14/04/2008	Effect status:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Fields:	Tax - Fee - Charge , Natural Resources - Environment

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Effect status: Known

THE MINISTRY OF FINANCE -------	SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ----------
No. 16/2008/QD-BTC	Hanoi, April 14, 2008

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.

Article 4.- Royalties payers, tax offices and concerned agencies shall implement this Decision.

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 (%)
I	Metallic minerals
1	Minerals of ferrous metals (iron, manganese, titanium, etc.)	5
2	Minerals of non-ferrous metals:
	- Mineral sand gold - 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 5 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.)	1 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
4	Coal: - Pit anthracite coal - Open-cast anthracite coal - Lignite, fat coal - Other coals	2 3 3 2
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
6	Other non-metallic minerals	2
III	Petroleum (1)
IV	Gas (2)
V	Natural forest products
1	Log timber of various kinds: - Group I - Group II - Groups III and IV - Groups V, VI, VII and VIII	40 35 25 15
2	Pit props	15
3	Timber used as raw materials for paper production (storax, pines, etc.)	20
4	Timber used as masts or poles in river net fishing	20
5	Impregnated timber, mangrove timber, cajuput timber	15
6	Tree branches and tops, firewood	5
7	Bamboo of all kinds	10
8	Pharmaceutical materials: - Sandal-wood, codonopsis and aloe - Anise, cinnamon, aquilegia, cardamom - Pharmaceutical materials of other types	25 10 5
9	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 - Shrimp, fish, cuttlefish and other aquatic resources	10 2
VII	Mineral water, natural water
1	Natural mineral water, purified natural water, bottled or canned	8
2	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 c) Natural water used for production of clean water, for agriculture, forestry, fishery or salt making, and natural water exploited from dug or drilled wells to meet daily-life needs - 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 - Use of ground water	3 4
	c/ For other purposes: - Use of surface water - Use of ground water	0 0.5
VIII	Other natural resources
	- Salangane's nests - Other natural resources	20

(1) (2): Tax rates for petroleum oil and gas are specified in 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.

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