What are details of Form 02/TAIN used to make severance tax finalization in Vietnam according to Circular 80?
What are details of Form 02/TAIN used to make severance tax finalization in Vietnam according to Circular 80? Who is subject to severance tax in Vietnam? What are regulations on frame severance tax tariff in Vietnam?
What are details of Form 02/TAIN used to make severance tax finalization in Vietnam according to Circular 80?
Based on Form 02/TAIN Appendix 2 issued with Circular No. 80/2021/TT-BTC regulating the form of the severance tax finalization in Vietnam.
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What are details of Form 02/TAIN used to make severance tax finalization in Vietnam according to Circular 80? (Image from the Internet)
Who is subject to severance tax in Vietnam?
According to Article 2 of the 2009 Law on severance tax amended by Clause 1 of Article 4 of the 2014 Law on Amendments to Tax Laws, the subjects to tax are as follows:
Subject to Tax
- Metallic minerals.
- Non-metallic minerals.
- Crude oil.
- Natural gas, coal gas.
- Products from natural forests, excluding animals.
- Natural aquatic products, including marine animals and plants.
- Natural water, including surface water and groundwater, excluding water used for agriculture, forestry, fishery, and salt production.
- Natural bird’s nests.
- Other resources as stipulated by the National Assembly Standing Committee.
According to the above regulations, the subjects of severance tax include:
- Metallic minerals.
- Non-metallic minerals.
- Crude oil.
- Natural gas, coal gas.
- Products from natural forests, including various plants and other products of natural forests, excluding animals and anise, cinnamon, amomum, cardamom grown by the taxpayer in the natural forest area allocated for protection and management.
- Natural aquatic products, including marine animals and plants.
- Natural water, including surface water and groundwater, excluding water used for agriculture, forestry, fishery, and salt production.
- Natural bird’s nests, excluding bird’s nests harvested by organizations and individuals from investments in constructing houses to attract and raise swallows and harvest nests.
- Other resources as stipulated by the National Assembly Standing Committee.
What are regulations on frame severance tax tariff in Vietnam?
Based on Article 7 of the 2009 Law on severance tax, the frame severance tax tariff is regulated as follows:
| No. | Group, Resource Type | Tax Rate (%) |
|---|---|---|
| :---: | :---: | :---: |
| I | Metallic Minerals | |
| 1 | Iron, manganese | 7 - 20 |
| 2 | Titanium | 7 - 20 |
| 3 | Gold | 9 - 25 |
| 4 | Rare earth | 12 - 25 |
| 5 | Platinum, silver, tin | 7 - 25 |
| 6 | Tungsten, antimony | 7 - 25 |
| 7 | Lead, zinc, aluminum, bauxite, copper, nickel | 7 - 25 |
| 8 | Cobalt, molybdenum, mercury, magnesium, vanadium | 7 - 25 |
| 9 | Other metallic minerals | 5 - 25 |
| II | Non-Metallic Minerals | |
| 1 | Soil extracted for leveling, construction | 3 - 10 |
| 2 | Stone except for lime burning and cement production; gravel; sand except for glass-making sand | 5 - 15 |
| 3 | Soil for brick-making | 5 - 15 |
| 4 | Granite, fire clay | 7 - 20 |
| 5 | Dolomite, quartzite | 7 - 20 |
| 6 | Kaolin, mica, technical quartz, glass-making sand | 7 - 15 |
| 7 | Pyrite, phosphorite, stone for lime burning and cement production | 5 - 15 |
| 8 | Apatite, serpentine | 3 - 10 |
| 9 | Anthracite coal underground | 4 - 20 |
| 10 | Anthracite coal open-pit | 6 - 20 |
| 11 | Brown coal, fat coal | 6 - 20 |
| 12 | Other coal types | 4 - 20 |
| 13 | Diamond, ruby, sapphire | 16 - 30 |
| 14 | Emerald, alexandrite, black precious opal | 16 - 30 |
| 15 | Azurite, rhodolite, pyrope, beryl, spinel, topaz | 12 - 25 |
| 16 | Crystalline quartz in blue, green, yellow, orange; cryolite; white precious opal, fire red opal; feldspar; turquoise; nephrite | 12 - 25 |
| 17 | Other non-metallic minerals | 4 - 25 |
| III | Crude Oil | 6 - 40 |
| IV | Natural Gas, Coal Gas | 1 - 30 |
| V | Products from Natural Forests | |
| 1 | Group I timber | 25 - 35 |
| 2 | Group II timber | 20 - 30 |
| 3 | Group III, IV timber | 15 - 20 |
| 4 | Group V, VI, VII, VIII, and other timbers | 10 - 15 |
| 5 | Branches, tops, roots | 10 - 20 |
| 6 | Firewood | 1 - 5 |
| 7 | Bamboo of all kinds | 10 - 15 |
| 8 | Agarwood, ky nam | 25 - 30 |
| 9 | Anise, cinnamon, amomum, cardamom | 10 - 15 |
| 10 | Other products from natural forests | 5 - 15 |
| VI | Natural Aquatic Products | |
| 1 | Pearl, abalone, sea cucumber | 6 - 10 |
| 2 | Other natural aquatic products | 1 - 5 |
| VII | Natural Water | |
| 1 | Natural mineral water, natural hot water, bottled or canned purified natural water | 8 - 10 |
| 2 | Natural water used for hydroelectric production | 2 - 5 |
| 3 | Natural water used for production and business, excluding water specified in Items 1 and 2 of this Group | |
| 3.1 | Surface water | 1 - 3 |
| 3.2 | Groundwater | 3 - 8 |
| VIII | Natural Bird’s Nests | 10 - 20 |
| IX | Other Resources | 1 - 20 |
* The specific tax rate for crude oil, natural gas, coal gas is determined progressively according to the average daily production volume of crude oil, natural gas, and coal gas.
* The National Assembly Standing Committee determines the specific tax rates for each type of resource in each period ensuring the following principles:
- Conformity with the list of resource groups and types within the tax rate framework prescribed by the National Assembly.
- Contribution to state management of resources; protection, rational, economic, and efficient use of resources.
- Contribution to ensuring state budget revenue and market stability.
