Import tax exemption to benefit domestic ITC industry

Import tax exemption to benefit domestic ITC industry

The information and communication technology sector has grown by 6-9% each year and has often exceeded the country’s GDP growth rate in recent years, attendees were told at workshop held by the Ministry of Information and Communications (MIC).
Vietnam adjusting policies to adapt to global minimum corporate income tax: Official

Vietnam adjusting policies to adapt to global minimum corporate income tax: Official

Vietnam is studying and adjusting its investment policies to adapt to the global minimum corporate income tax which is scheduled to be applied from 2024, said Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc.
Goods imported from export processing enterprises must pay tax

Goods imported from export processing enterprises must pay tax

VCN - According to the Law on Import and Export Duties provisions, if a domestic enterprise imports products of export processing enterprises, they must pay tax.
Vietnam joins Multilateral Convention to tackle tax evasion and avoidance

Vietnam joins Multilateral Convention to tackle tax evasion and avoidance

The Organisation for Economic Cooperation and Development (OECD) and Vietnam on March 22 signed the world’s most wide-reaching international treaty for multilateral tax cooperation, the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (MAAC), bringing the total number of jurisdictions that participate in the convention to 147.
Vietnam to develop policies to adapt to global minimum tax

Vietnam to develop policies to adapt to global minimum tax

Vietnam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment.
Maximum support for e-commerce and individual online business

Maximum support for e-commerce and individual online business

VCN - The introduction of an e-commerce portal (E-commerce) is a big step in tax administration to combat state budget loss. Currently, the tax sector is focusing on supporting businesses that are the owners of e-commerce floors, individual online busines
Using Tax policy to regulate real estate market

Using Tax policy to regulate real estate market

VCN - In my opinion, the development of the Law on Real Estate Tax is consistent with international practices. Many countries in the world have built this law.
Which group of objects can use e-invoices generated from cash registers?

Which group of objects can use e-invoices generated from cash registers?

VCN - To help taxpayers better understand electronic invoices (E-Invoices) created from cash registers connected to tax authorities so that they are no longer afraid to use them, Ms. Nguyen Thi Lan Anh, Director of The Tax Administration Department of Sma
Speeding up the pilot process of paying taxes through payment intermediaries

Speeding up the pilot process of paying taxes through payment intermediaries

VCN - To facilitate taxpayers and businesses to pay taxes, fees and charges for import and export goods online anytime, anywhere on any application, the General Department of Customs has just approved the Project "Pilot electronic Tax payment on import an
Meta, Google, Apple pay taxes in Vietnam on the first working day after Tet

Meta, Google, Apple pay taxes in Vietnam on the first working day after Tet

VCN - Foreign providers have declared and paid taxes via the Portal such as Meta at 34.5 million Euro, Google at US$28.8 million, and Apple at VND174 billion.
Foreign suppliers pay 1.8 trillion VND in taxes

Foreign suppliers pay 1.8 trillion VND in taxes

Foreign suppliers have paid taxes worth 1.8 trillion VND (76.7 million USD) via the official portal serving their operations in Vietnam.
Green seafood enterprises are the best choice for sustainable export

Green seafood enterprises are the best choice for sustainable export

VCN - Many seafood enterprises, especially export units, are investing in green production to meet the requirements of sustainable exports.
MoF proposes support policies on taxes and fees in 2023

MoF proposes support policies on taxes and fees in 2023

VCN - In 2023, Deputy Minister Nguyen Duc Chi said that many advantages and disadvantages are expected, so in the last months of 2022, the Ministry of Finance has proposed polices on taxes and fees to support businesses
Ho Chi Minh City Customs: prevent bad debts arising from PCA

Ho Chi Minh City Customs: prevent bad debts arising from PCA

VCN – Post-clearance audit of Ho Chi Minh Customs Department in 2022 achieved high results with a year-on-year double increase in tax revenue . The bright spot in the results is that enterprises are "convinced and voluntarily obedient" in paying
VAT refund needs to be reviewed and verified

VAT refund needs to be reviewed and verified

VCN - Mr. Tran Quang Hai, Vice Chairman of Viet An Investment Group Joint Stock Company, said VAT refund is a key policy of the Party and State for farmers and the agricultural industry.
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