To more effectively manage mineral exploitation and processing activities in the area, recently, Cao Bang Provincial People's Committee issued Decision No. 2026/QD-UBND on the Price List for Natural Resources Tax Calculation in 2026 in the area, effective from April 2026 and replacing previous regulations.
The decision was made based on the consensus at the inter-sectoral meeting between departments, sectors and mining enterprises to improve the tax base and strengthen resource management.
Notably, for metal tin, relevant units have considered a plan to determine processing costs deducted according to current regulations.
However, due to the lack of specific guidance from specialized management agencies and the Ministry of Finance, the determination of this cost is not sufficient basis for implementation.
On that basis, the parties agreed to propose applying the maximum price within the price framework issued by the Ministry of Finance, and the Provincial People's Committee decided to raise the taxable price for metal tin to 320 million VND/ton, and at the same time assigned the Department of Finance to continue to advise and seek guidance to improve the calculation method in the coming time.
Along with tin, the 2026 price list specifies for many other types of resources.
In the group of metal minerals, metal gold is determined at 1 billion VND/kg, lead 45 million VND/ton, zinc 37 million VND/ton, antimony 120 million VND/ton; ore types such as iron, manganese, titanium... are classified by content to calculate prices.
The non-metallic mineral group recorded prices such as leveling soil 35,000 VND/m3, boulders 171,000 VND/m3, yellow sand concrete 293,000 VND/m3, along with prices for some processed minerals such as kaolin and barite.
For natural forest products, type 1 agarwood is determined at 1 billion VND/kg, type 1 agarwood is 500 million VND/kg; rosewood and other forest products are classified in detail according to size and quality.
The group of natural water including mineral water, groundwater and production water is also regulated with specific prices as a basis for tax calculation.
According to the decision, the taxable price is the selling price excluding value-added tax; if the price on the invoice is higher than the prescribed level, it will be calculated according to the actual price, if lower, it will be applied according to the price list issued by the province.
When the market fluctuates greatly, the Department of Finance is assigned to take the lead in reviewing and proposing adjustments to ensure suitability with reality.
The issuance of the new price list aims to tighten resource management, ensure transparency in determining tax obligations, contribute to increasing local budget revenue, and at the same time, Cao Bang Provincial People's Committee assigns relevant agencies to organize implementation from the time the decision takes effect.
