Vietnam to Raise Mining Environment Taxes Next Year, News Says

Bloomberg reports Vietnam will raise environment taxes on mining activities starting next year.

The market news is quoted as saying,

Gold, lead, zinc and tin ore mining will be subject to the highest maximum environment tax rate of 270,000 dong ($12.96) per ton, a 12.5 percent increase, according to the newspaper. Environment tax rates on crude oil and natural gas extraction will be unchanged, the paper reported.

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