Theoretical basis for the use of tax instruments in mineral extraction

Abstract

Minerals are a crucial resource for the development of countries worldwide, especially those possessing this valuable resource. To exploit mineral resources efficiently, various instruments and policies have been established, including taxation instruments. This study aims to clarify the theoretical basis of applying tax instruments to mineral resource exploitation by researching the history, role, and classification of these instruments based on international experience. Additionally, it provides an overview of the types of taxes related to mineral exploitation in Vietnam to elucidate the characteristics and nature of each tax type. To enhance the effectiveness and role of tax instruments in mineral exploitation, the study proposes refining these instruments to be more in line with their essence, more flexible, and establishing an effective coordination mechanism among different tax instruments and between tax tools and other instruments.