Monday, September 25 2017

VietNamNews

MoF recommends fee, levy changes

Update: December, 18/2014 - 08:52
The Ministry of Finance (MoF) proposed to omit or adjust 22 fees and four levies in the draft of the Law of Fees and Levies. — Photo tapchitaichinh
HA NOI (VNS)  — The Ministry of Finance (MoF) proposed to omit or adjust 22 fees and four levies in the draft of the Law of Fees and Levies.

The MoF recommended the removal of three overlapping fees: security and order fee; natural disaster prevention fee; and securities equipment and infrastructure use.

Fees and levies that are listed under the law but have not been utilised will also be deleted. This includes fees for verification of import and export goods, waterway usage, domestic waterways' jets and canals and electric radio frequency protection. Evaluation fees imposed on relics, antiques and precious national objects were also recommended for deletion.

The MoF also suggests the amendment of five fees to become service fees to attract investors. These are fees imposed for parking, sanitation, ferry services and markets. Fees on roads under the build-operate-transfer (BOT) stations were included as well.

The ministry also proposed to reposition some fees to focus on price mechanisms, including fees on measure mean evaluation, judicial evaluation, bids and hospital services. Examination fees are also included in the proposal.

The current list includes 73 types of fees, which are categorised under 12 groups, and 43 types of levies placed under five groups.

However, the MoF revealed that the management in charge of the use of fees and levies failed to meet the requirements imposed on state budget collection and spending, as well as the guidelines that aimed to attract investment to public services.

The MoF asked the government to draft the law, which will permit localities to decide on the fees and levies to be exempted or reduced within the scope of their authority. — VNS

Send Us Your Comments:

See also: