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Environmental fuel tax will hurt consumption, association warns

Last updated: Saturday, November 21, 2009

A new environment tax on fuel products is necessary but it will drive up transport costs and hence consumer prices, experts say, suggesting the rate be low. Fuel is one of eight products that will be taxed under the Environmental Tax Law, according to a finance ministry’s proposal.Thai Van Chung, general secretary of the Ho Chi Minh City...

Tags: Be Taxed Under, Be Taxed Under The, Products That Will, Taxed Under The, The Environmental Tax, The Tax

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