Law amending and supplementing a number of articles of the Law on Value-Added Tax, the Law on Special Consumption Tax, and the Law on Tax Administration was passed by the 13th National Assembly, at its 11th session on April 06, 2016.
Amendment of Special Consumption Tax rates for automobiles carrying up to 9 passengers as follows:
- For vehicles with engine displacement under 2000 cm³, the tax rate generally decreases, with the largest decrease being 10%.
- For vehicles with engine displacement over 2000 cm³, the tax rate mostly increases, with the largest increase being up to 90%.
Refer to the specific tax rates in the table below:
Law No. 106/2016/QH13 takes effect from July 1, 2016, except for Clause 4 of Article 3 which takes effect from September 1, 2016.
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