Environmental tax reimbursement on plastic bags proposed

The Environmental Protection Tax (EPT) applied to plastic bags has been a concern for both the public and businesses. The recent proposal by the Ministry of Finance to reimburse the EPT paid on plastic bags between January 1, 2012 and November 14, 2012 has been well-received.

Here are some key takeaways:

• Proposed reimbursement of Environmental Protection Tax on plastic bags received well.
• Government supports businesses, balances economic growth and environmental protection.
• Reimbursement could be a breakthrough for both business and environment.

Proposal for Environmental Tax Reimbursement on Plastic Bags

 

On December 25, 2012, government officials and local authorities gathered for an online meeting to address economic development and budgetary tasks for the upcoming year. During the meeting, Deputy Prime Minister Hoang Trung Hai presented a draft resolution with measures to support businesses and overcome production and trade difficulties, reduce inventories, and manage bad debts. The proposal for the reimbursement of EPT on plastic bags was included in this resolution.

 

Impact of the Environmental Protection Tax and Government Support on Businesses and the Environment

 

The reimbursement of the Environmental Protection Tax on plastic bags could help businesses reduce their financial burden and overcome production and trade difficulties. The government’s efforts to support businesses and address their challenges demonstrate a commitment to promoting economic development and finding solutions.

The Law on Environmental Protection Tax, which took effect on January 1, 2012, aimed to balance economic growth with pollution reduction and environmental protection. The government’s decision to implement this law through Decree 67/2011/ND-CP, dated August 8, 2011, was an important step towards promoting environmental awareness and encouraging responsible manufacturing and consumption practices.

In conclusion, the proposal for the reimbursement of Environmental Protection Tax on plastic bags could be a breakthrough for businesses and the environment.