Mixed tax regime not yet applied to beer and alcohol products

The Government has decided not to apply the mixed tax regime on beer and alcohol products.
The Government has decided not to apply the mixed tax regime on beer and alcohol products.
The Government has decided not to apply the mixed tax regime on beer and alcohol products.

This was stated in the newly-promulgated Resolution No.25/NQ-CP on the building of the Law on Special Consumption Tax (amended).

Under the resolution, the Government agreed on the proposal for amending the Law on Special Consumption Tax which was submitted by the Ministry of Finance on February 6, 2024.

Accordingly, the Government has aligned on not adding new content regarding the calculation of mixed taxes for beer and alcohol products to the proposal.

This decision follows the Prime Minister-approved tax system reform strategy by 2030 and the country's commitments upon joining the World Trade Organisation (WTO).

NDO