Tags: income tax

Uber BV completely pays off tax arrears

Uber BV completely pays off tax arrears

The Netherlands-based Uber BV Company has completed its remaining tax arrears payment of VND53 billion (US$2.26 million), immediately after the firm withdrew its petition against the Ho Chi Minh City’s Department of Tax department.

New corporate income tax law aims to halt tax evasion

New corporate income tax law aims to halt tax evasion

In the latest draft of Law on Corporate Income Tax, the Ministry of Finance has raised a regulation aimed at preventing multinational companies with related-party transactions from evading taxes.

MoF wants hike in tax on capital/securities trade income

MoF wants hike in tax on capital/securities trade income

The Ministry of Finance has proposed the Government raise the individual income tax imposed on capital/securities transfer to 2 percent for trades not registered to the Vietnam Securities Depository (VSD) and not made on the securities market.

EVN to pay tax arrears of VND1.9 trillion

EVN to pay tax arrears of VND1.9 trillion

The Ministry of Finance (MoF) is demanding more than VND1.9 trillion (US$85 million) in tax arrears from the Electricity of Vietnam (EVN) after uncovering that the group had failed to declare its costs accurately.

New loan packages for social housing

New loan packages for social housing

Two new preferential loans, unrestricted by scale and deadline, for social housing and cheap commercial housing projects will be provided to low-income earners. The new packages are expected to continue the VND30 trillion VND housing stimulus package.

Grab company asked to pay tax for partnered drivers in Vietnam

Grab company asked to pay tax for partnered drivers in Vietnam

The Vietnamese legal entity of Singapore’s Grab ride-hailing mobile app, formerly GrabTaxi, is responsible for paying taxes on behalf of its partnered drivers, according to a guideline issued on November 10 by Vietnam’s taxation authority.

Firms busted for tax fraud

Firms busted for tax fraud

Multi-level marketing companies have been discovered indulging in tax fraud worth several billion Vietnamese dong and the sale of fake goods, the Ministry of Industry and Trade’s Competitive Management Department said.

Vietnam plans higher tax incentives for IT firms

Vietnam plans higher tax incentives for IT firms

The Vietnam Tax Consultants Association (VTCA) has completed the draft on the new tax policy for information technology (IT) firms as assigned by the government. It plans to give more tax incentives to encourage the development of the industry.

Vietnam’s support industry in transition

Vietnam’s support industry in transition

(VOV) -The domestic support industries require better solutions to meet the demands of manufacturers operating in key industries and the targets envisioned in the government’s industrialization strategy through 2020.