Tax increases on plastic bags, packaging and plastic products

In order to keep enhancing the effectiveness of used plastic management, reuse, recycling, and treatment activities as well as reducing plastic waste, Prime Minister issues a directive:

Studying and submitting to competent authorities who have the right to amend and supplement Law on Environmental Protection Tax to expand taxpayers and increase tax rate on plastic bags, packages and other plastic products;

- Considering about proposal of taxing virgin plastic;

- Directing, inspecting and preventing environmental protection tax evasion, especially plastic bags;

- Researching and proposing financial policy to promote and encourage waste recycling and plastic waste recycling; supporting environment-friendly plastic bags, recycled plastic products and environment- friendly materials.

Source: Luat Viet Nam