On February 27, 2024, the Government issued Resolution No. 25/NQ-CP on the proposal to develop a Law on Special Consumption Tax (amended).
Accordingly, the Government basically agrees with the content of receiving, explaining, and revising the dossier Proposal to develop a Law on Special Consumption Tax (amended) in Report No. 25/TTr-BTC dated February 6/ 2024 of the Ministry of Finance and accompanying related documents, specifically:
-Research and not add to Policy 5 of the Proposal to develop a new Law on mixed tax calculation methods for alcohol and beer products to ensure compliance with the Tax System Reform Strategy until 2030 of the Prime Minister and Vietnam's commitments when joining the WTO;
- The progress of submitting the Law project is as follows:
(i) The Government submits to the National Assembly Standing Committee a proposal to add the Law project to the 2024 Law and Ordinance development program at the 7th Session (May 2024);
(ii) The Government submits to the National Assembly for comments on the Law project at the 8th Session (October 2024) and passes the Law project at the 9th Session (May 2025).
At the same time, the Government assigned the Ministry of Finance to complete the Law-making Proposal dossier and send it to the Ministry of Justice to carry out procedures for submitting to the National Assembly Standing Committee to request the addition of this Law project to the Law-making Program. Ordinance of the National Assembly in 2025, adjusting the program for developing Laws and Ordinances in 2024 according to the provisions of the Law on Promulgation of Legal Documents 2015
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