Vietnam - Changes to Special Consumption Tax on Alcoholic Beverages 2016


Report Highlights: On July 1, 2016, the Vietnamese Government (GVN) promulgated Decree 100/2016/ND-CP, regulating detailed provisions and guidelines for the implementation of a number of articles under the Law 106/2016/QH13. Law 106 was issued on April 19, 2016, in order to amend and supplement the Law on Value Added Tax, the Law on Special Consumption Tax (SCT), and the Law on Tax Administration. Decree 100 reinforces the SCT calculation method and provides further guidance on its relationship with businesses as regulated by Decree 108/2015/ND-CP (issued on October 25, 2015). These amendments and additions to Decree 108 took effect from July 1, 2016.

Changes to Special Consumption Tax on Alcoholic Beverages_Hanoi_Vietnam_9-27-2016.pdf295.38 KB