In order to meet the practical situation and ensure compatibility with the reform direction of special consumption tax (SCT) in other countries, the Ministry of Finance is currently developing a project of Amended SCT Law. Given the significance and impact of SCT-related regulations on production and business activities, NHQuang&Associates would like to introduce some notable contents of the Project as follows:
(i) Extending the scope of taxable objects (supplementing taxable objects with appropriate tax rates);
(ii) Adjustment of SCT rates for items harmful to health and items contributing to environmental protection.
