Tag: tax laws
NA passes two tax laws, Law on Thrift and Anti-Wastefulness
With a majority of votes in favour, the National Assembly (NA) adopted the amended Law on Tax Administration, the amended Law on Personal Income Tax, and the Law on Thrift and Anti-Wastefulness on the morning of December 10.
Comprehensive tax reforms expected to benefit citizens and enteprises
VOV.VN - The draft Law on Tax Administration (amended) and the draft Law on Personal Income Tax (amended), submitted to the National Assembly on November 4, are seen as a turning point in fiscal policy reform and the modernization of Vietnam’s tax system.
NA to focus on legislative work during third week of 10th session
Lawmakers will concentrate on legislative activities during the third working week of the 15th National Assembly (NA)'s 10th session from November 3 to 7.
Corporate Income Tax Law sails through National Assembly
VOV.VN - The National Assembly passed the amended Corporate Income Tax Law in Hanoi on June 14 with 94.56% of votes in favour.
Taxes on real estate based on time property is held not feasible: Justice Ministry
The Ministry of Finance (MoF) has recently proposed imposing property taxes on real estate transfers based on the length of time properties have been owned, but the Ministry of Justice (MoJ) said the idea is not feasible.
Vietnam makes bold step to improve business climate: VCCI report
Vietnam’s business and investment climate is showing marked improvements following sustained reform efforts, with enhanced access to business-related information and regulations, reduced unofficial costs, and effective administrative reforms, according to the latest survey by the Vietnam Chamber of Commerce and Industry (VCCI).
Global Minimum Tax a head-scratcher for Vietnamese policymakers
As many countries plan to adopt the Global Minimum Tax Rate (GMTR) in 2024, experts are concerned that the entry into force of the rate would discourage foreign companies from locating their operations in low-tax countries.
Electric vehicles to be subject to tax incentives in Vietnam
The Ministry of Trade and Industry (MoIT) has said it is cooperating with the Ministry of Finance to consider the provision of tax incentives to encourage the development and use of electric vehicles in Vietnam.
MoF considers easing tax burden on individual landlords
The General Department of Taxation under the Ministry of Finance (MoF) is studying a proposal on increasing the threshold of taxable revenue for individual landlords renting out houses.
Mining industry unable to enjoy tax incentives
The mining industry faced difficulties in the first eight months of this year due to being unable to enjoy tax and land rental incentives, said Nguyen Huu Quang, deputy head of the National Assembly's Committee on Finance and Budget.