Hanoi, May 9 -- The National Assembly (NA) is convening a plenum on May 9 morning to look into several bills, including the draft revised Law on Special Consumption Tax. Following the presentation of an explanatory report on amendments, lawmakers will discuss several contentious issues in the draft. According to the verification report delivered at the 43rd meeting of the NA Standing Committee, opinions remained divided on appropriate tax rates for sugary drinks. Several NA deputies advocated higher rates while other pushed for a phase approach so that enterprises could adjust their production and business plans. The verification authority noted that sugary beverages are a new category added to taxable items. It recommended imposing reaso...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.