Minster of Finance Dinh Tien Dung on January 13 asked for greater efforts from the tax sector to well implement the budget collection plan for 2020 assigned by the National Assembly and the Government.
The General Department of Taxation (GDT) has proposed to erase 12 trillion VND (516 million USD) out of total 30 trillion VND irrecoverable tax debts.
The General Department of Taxation has collected over 19.4 trillion VND (835 million USD) in tax debts as of July 31, up 2.4 percent from the same time last year.
Experts gathered at a forum in Hanoi on May 8, discussing measures to enhance tax management as e-commerce is enjoying strong growth amid the Fourth Industrial Revolution.
The General Department of Taxation’s plan of taxing business households with annual revenue from VND100 million (US$4,300) is causing controversy.
The Prime Minister’s working group has asked the ministries of Finance and Planning and Investment to swiftly lift the foreign ownership limit of 49% at enterprises where foreign investment is not restricted.
The Ministry of Finance will rearrange tax departments at district level to trim down at least 50% of the current tax agencies as of 2020 under its freshly issued Decision 520/QD-BTC.
The number of firms using e-invoice has increased significantly in recent years due to its convenience and cost effectiveness.
The General Department of Taxation has announced it has finished refining the pilot online-based tax payment service (E-Tax) for enterprises.
The General Department of Taxation (GDT) is considering asking the Ministry of Finance to postpone the compulsory application of e-invoices until July 2019, instead of early next year.
VOV.VN - The total State budget collection hit more than VND623.2 trillion (US$27 billion) during the eight-month period, up by 10.8% annually, according to the General Department of Taxation.
The Government should create the best possible conditions, including easing tax procedures, to encourage household businesses to expand into companies.
Vietnamese taxpayers want to enjoy more lenient rules when they become ill, as the current regulations will give little or no relief for their financial burden.
Vietnam has climbed 11 places to 167th position in terms of paying taxes in the World Bank’s (WB) 2016 Doing Business report.
An official of the General Department of Taxation has said the information about 189 persons in Vietnam mentioned in the freshly-released part of the Panama Papers needs to be verified.
Online tax payment will likely be availabe to individuals and business households in Vietnam soon with the pilot implementation underway in three major cities.
The Ministry of Finance on October 28 in Hanoi announced the establishment of the Office for Transfer Pricing Inspection under the General Department of Taxation.
The country's tax revenues in the first five months of this year continued to grow despite reduction in tax collection from crude oil, according to the General Department of Taxation.
Ho Chi Minh City has launched an online tax filing service for businesses in a bid to reduce bureaucratic delays and improve tax management.
(VOV) - To corner the market, not a few businesses are resorting to unhealthy or even illegal competition.