Businesses expect consumption to increase when value added tax is reduced
In the context of declining economic growth and difficulties in exports, the 2% value-added tax (VAT) reduction policy is an effective solution to help businesses...
In the context of declining economic growth and difficulties in exports, the 2% value-added tax (VAT) reduction policy is an effective solution to help businesses...
Experts believe that there should be greater impartiality between tax authorities and taxpayers. Businesses that have followed with tax legislation and presented...
Expert views on the revised draft Law on Special Consumption Tax (SCT) were expressed by Mr. Nguyen Van Phung, Senior Expert on Taxation and Corporate Governance.
After studying and concretizing the policies of the Party and the State to guide policy proposals, summarize and evaluate the practical implementation of the Law on...
Following the direction of the Prime Minister and the Ministry of Finance, the General Department of Taxation has directed Tax authorities at all levels to refund VAT to...
The impacts of the imposition or increases of special consumption tax on several products must be studied carefully to ensure State budget revenue and the development of...
Despite continuous appeals and pleas, numerous businesses are still awaiting their value-added tax (VAT) refunds after several months.
Recently, the Ministry of Finance has been proposed to conduct research and report to the Government on solutions and tax policies to regulate and promote sustainable...
Decree No. 26/2023/ND-CP dated May 31, 2023, of the Government on Export Tariffs, Preferential Import Tariffs, List of goods and absolute tax rates, mixed taxes, import...
According to preliminary statistics of the Vietnam Timber and Forest Products Association, wood processing and exporting enterprises have not yet been refunded...
Global minimum tax attracts special attention from society because it is related to attracting foreign investment capital of a country. According to Mr. Luu Duc Huy,...
By 2023, delayed refunds in the timber sector had amounted to over VNĐ6 trillion (US$255 million).
Many businesses supposed that the government should consider reducing and delaying the payment of corporate income tax after giving 2-percent VAT cut to support...
The amendment of corporate income tax (CIT) incentives helps Vietnam proactively develop solutions to cope with the application of Pillar 2 of the global minimum tax by...
It is expected that from 2024, some countries will apply the global minimum tax rate, including Vietnam. According to Nguyen Van Toan, Vice Chairman of the Association...
Businesses applauded the Government’s decree on tax payment deadline extension which helps them to have capital for maintaining production and ensuring workers’ benefits.
The Ministry of Finance has received public comments on the draft Circular amending and supplementing a number of articles of Circular No. 105/2020/TT-BTC dated...
According to the Ministry of Planning and Investment, although it has been more than half of the implementation time, by the end of March 2023, the program for...
Many analysts proposed reallocating the funds for this program to other support programs such as tax reduction or exemption due to the poor distribution...
Ms. Nguyen Thy Nga, Director of the Institute of Policy and Strategy Administration under the Vietnam Union of Science and Technology Associations, said that the Prime...
Applying a global minimum tax brings many opportunities as well as challenges for Vietnam. While the required time to apply the global minimum tax rule is very short, it...
According to Vinacas, Việt Nam needs to negotiate soon and sign bilateral trade agreements with African countries. That will have import and export tax exemptions for...