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Vietnamese Airline Industry Calls For Fuel Tax Relief

by Mary Swire, for LawAndTax-News.com, Hong Kong

29 May 2008

Vietnam's airline industry on Wednesday called for government assistance in the form of tax cuts, in order to soften the blow of soaring fuel prices.

According to a report from the official Vietnam News Agency, airlines called for a reduction in fuel import taxes to zero.

This would bring the tax treatment of this product into line with import taxes on other petroleum products, they argued.

Additionally, the VNA reported, the domestic airline industry is seeking permission to charge extra fees, in order to offset the impact of the record fuel prices.

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