Law amending Law on Excise Tax, Law No. 70/2014/QH13

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ATTRIBUTE Law amending Law on Excise Tax

Law No. 70/2014/QH13 dated November 26, 2014 of the National Assembly on amending and supplementing a number of articles of the Law on Excise Tax

Issuing body:	National Assembly of the Socialist Republic of Vietnam	Effective date:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Official number:	70/2014/QH13	Signer:	Nguyen Sinh Hung
Type:	Law	Expiry date:	Updating
Issuing date:	26/11/2014	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

SUMMARY

INCREASE SPECIAL EXCISE TAX BY 5% FOR ALCOHOL AND BEER FROM 2016

On November 26, 2014, the 13th National Assembly on November 26, 2014 during the 8th session pass the Law No. 70/2014/QH13 on amending a number of articles of the Law on Special Excise Duty and deciding to increase special excise tax by 5% for some goods and commodities from January 01, 2016.

In particular, the rate of special exercise tax for the cigarettes, cigars, and other products derived from tobacco plants shall increase from 65% to 70% from January 01, 2016 until the end of December 31, 2018 and 75% from January 01, 2019. For Alcohol with ABV <20^o, the rate of special exercise tax is 30% from January 01, 2016 until the end of December 31, 2017 and 35% from January 01, 2018. For alcohol with ABV ≥ 20^o, the rate of special exercise tax is also increased by 5% to 55% from January 01, 2016 until the end of December 31, 2016, to 60% from January 01, 2017 until the end of December 31, 2017 and 65% from January 01, 2018. Similarly, the rate of special exercise tax for casino, non-table games formally increase to 35% from January 01, 2016, increased by 5% compared with previous regulations.

For remain commodities, the rate of special exercise tax stay the same compared with previous regulations with 30% for passenger cars having 10 – 15 seats; 15% for passenger cars having 16 – 23 seats and 15% for cars used for both passenger and cargo transport and 20% for motorcycles, motor tricycles of a cylinder capacity exceeding 125 cm3.

This Law takes effect on January 01, 2016.

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Effect status: Known

THEPRESIDENT

No. 30/2014/L-CTN

THE SOCIALIST REPUBLIC OF VIETNAM
Independence- Freedom – Happiness

Hanoi, December 8, 2014

ORDER

On the promulgation of Law[1]

THE PRESIDENT
OF THE SOCIALIST REPUBLIC OF VIETNAM

Pursuant to Articles 88 and 91 of the Constitution of the Socialist Republic of Vietnam;

Pursuant to Article 91 of the Law on Organization of the National Assembly;

Pursuant to Article 57 of the Law on Promulgation of Legal Documents,

PROMULGATES

The Law Amending and Supplementing a Number of Articles of the Law on Excise Tax

Which was passed on November 26, 2014, by the XIII^thNational Assembly of the Socialist Republic of Vietnam at its 8^thsession.-

President of the Socialist Republic of Vietnam
TRUONG TAN SANG

THE NATIONAL
ASSEMBLY

No. 70/2014/QH13

THE SOCIALIST REPUBLIC OF VIETNAM
Independence- Freedom - Happiness

LAW

Amending and Supplementing a Number of Articles of
the Law on Excise Tax[2]

Pursuant to the Constitution of the Socialist Republic of Vietnam;

The National Assembly promulgates the Law Amending and Supplementing a Number of Articles of Law No. 27/2008/QH12 on Excise Tax.

Article 1.

To amend and supplement a number of articles of the Law on Excise Tax.

1. To amend Point g, Clause 1, Article 2 as follows:

“g/ Gasoline of all kinds;”

2. To amend and supplement Clause 3, Article 3 as follows:

“3. Aircraft and yachts used for commercial transportation of cargos, passengers and tourists and aircraft used for security and national defense;”

3. To amend and supplement the first paragraph of Article 6 as follows:

“The excise taxed price of a goods or service is the goods selling price or the service charge, exclusive of excise tax, environmental protection tax and value-added tax, specifically:”

4. To amend and supplement Article 7 as follows:

“Article 7. Tax rates

Excise tax rates for goods and services are specified in the Excise Tariff below:

EXCISE TARIFF

No.	Goods or services	Tax rate (%)
I	Goods
1	Cigarettes, cigars and other tobacco preparations
	From January 1, 2016, through December 31, 2018	70
	From January 1, 2019	75
2	Liquor
	a/ Of 20^oproof or higher
	From January 1, 2016, through December 31, 2016	55
	From January 1, 2017, through December 31, 2017	60
	From January 1, 2018	65
	b/ Of under 20^oproof
	From January 1, 2016, through December 31, 2017	30
	From January 1, 2018	35
3	Beer
	From January 1, 2016, through December 31, 2016	55
	From January 1, 2017, through December 31, 2017	60
	From January 1, 2018	65
4	Under-24 seat cars
	a/ Passenger cars of 9 seats or fewer, except those specified at Points 4dd, 4e and 4g of the Tariff provided in this Article
	Of a cylinder capacity of 2,000 cm³ or less	45
	Of a cylinder capacity of between over 2,000 cm³ and 3,000 cm³	50
	Of a cylinder capacity of over 3,000 cm³	60
	b/ Passenger cars of between 10 seats and under 16 seats, except those specified at Points 4dd, 4e and 4g of the Tariff provided in this Article	30
	c/ Passenger cars of between 16 seats and under 24 seats, except those specified at Points 4dd, 4e and 4g of the Tariff provided in this Article	15
	d/ Cars for both passenger and cargo transportation, except those specified at Points 4dd, 4e and 4g of the Tariff provided in this Article	15
	dd/ Cars running on gasoline in combination with electricity or bio-fuel, with gasoline accounting for not more than 70% of the used fuel	70% of the tax rate for cars of the same kind as specified at Points 4a, 4b, 4c and 4d of the Tariff provided in this Article
	e/ Bio-fuel powered cars	50% of the tax rate for cars of the same kind as specified at Points 4a, 4b, 4c and 4d of the Tariff provided in this Article
	g/ Electrically-operated cars
	Passenger cars of 9 seats or fewer	25
	Passenger cars of between 10 seats and under 16 seats	15
	Passenger cars of between 16 seats and under 24 seats	10
	Cars for both passenger and cargo transportation	10
5	Two- and three-wheeled motorcycles of a cylinder capacity of over 125 cm³	20
6	Aircraft	30
7	Yachts	30
8	Gasoline of all kinds
	a/ Gasoline	10
	b/ Gasoline typed E5	8
	c/ Gasoline typed E10	7
9	Air conditioners of 90,000 BTU or less	10
10	Playing cards	40
11	Votive papers and objects	70
II	Services
1	Dance halls	40
2	Massage parlors and karaoke bars	30
3	Casinos and prize-winning electronic games	35
4	Betting	30
5	Golf business	20
6	Lottery business	15