Tags: general department of taxation

Ministries urged to remove 49% foreign cap

Ministries urged to remove 49% foreign cap

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.

Finance ministry streamlines tax apparatus

Finance ministry streamlines tax apparatus

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.

E-tax payment service to be expanded

E-tax payment service to be expanded

The General Department of Taxation has announced it has finished refining the pilot online-based tax payment service (E-Tax) for enterprises.

Household firms fear red tape

Household firms fear red tape

The Government should create the best possible conditions, including easing tax procedures, to encourage household businesses to expand into companies.

Tax revenues up despite hit to crude oil revenues

Tax revenues up despite hit to crude oil revenues

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.