Chapter V.
TAXES AND FEES
Article 32. Petroleum-exploiting organizations and individuals must pay natural resource tax.
The natural resource tax shall be calculated on the actually exploited output in the tax payment period for each petroleum contract.
The natural resource tax rates prescribed for crude oil shall range from six percent (6%) to twenty five percent (25%) or higher in special cases.
The natural resource tax rates prescribed for natural gas shall range from zero percent (0%) to ten percent (10%).
The Vietnamese Government shall prescribe the specific tax rates within the above-mentioned tax rate brackets, depending on the geographical, economic and technical conditions of oil fields and crude oil or natural gas output.
Article 33. Organizations and individuals conducting oil and gas prospection, exploration and exploitation must pay income tax at the rate of fifty percent (50%) on the taxable income in the tax payment period.
In special cases, organizations and individuals conducting activities of petroleum prospection, exploration and exploitation may enjoy income tax exemption or reduction. The income tax exemption or reduction shall be provided for by the Vietnamese Government.
Article 34. The subcontractors being Vietnamese organizations or individuals, that conduct activities in Vietnam must pay income tax according to the provisions of the Profits Tax Law.
The subcontractors being foreign organizations or individuals and registering their operations in Vietnam shall have to pay income tax according to the provisions of the Law on Foreign Investment in Vietnam.
The subcontractors being foreign organizations or individuals that fail to register their operations in Vietnam shall have to pay tax according to the provisions of Vietnamese laws.
Article 35. Organizations and individuals conducting petroleum activities must pay export tax, import tax, land surface rentals or land and house tax, other taxes and fees according to the provisions of Vietnamese law.
Foreign organizations and individuals conducting petroleum activities shall have to pay tax on transfer of profits overseas according to the provisions of the Law on Foreign Investment in Vietnam.
Article 36. Foreigners and Vietnamese working for contractors, oil and gas joint-venture enterprises or subcontractors must pay income tax according to the provisions of Vietnamese laws.
Article 37. Under the agreements in petroleum contracts, the natural resource tax and taxes to be paid by contractors or petroleum joint-venture enterprises can be aggregated into the portion of shared products of Vietnam Petroleum Corporation provided that Vietnam Petroleum Corporation commits to pay the natural resource tax and such taxes for the contractors or the petroleum joint-venture enterprises.
Tìm kiếm
Luật dầu khí 1993 (Bản Word)