Fine 20% of under-declared tax for incorrect declaration leading to tax shortage

    Thanh Bình |

    Business households will be fined 20% of the missing tax or the tax exempted, reduced, or refunded higher than the regulations if they commit the following acts.

    Thanh Bình
    RELATED NEWS
    The new tax law creates major changes for business households and taxpayers. Photo: Luc Giang

    Benefit from reduced tax rates

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    The revised Law on Personal Income Tax (PIT) raises the taxable revenue threshold to VND500 million, reducing the tax rate and rate, along with many significant changes for business households and employees.

    Many notable points in the list of income exempt from personal income tax under the new law. Photo: Hai Nguyen

    Income exempt from personal income tax under the new law

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    The amended Law on Personal Income Tax (TNCN) was officially passed by the National Assembly with many notable new points.

    Measure of business household revenue not required to pay personal income tax under the new law. Photo: Thanh Binh

    Measures for business household revenue not required to pay personal income tax under the new law

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    Individuals residing in a production or business household with an annual revenue of VND500 million or less do not have to pay personal income tax.

    The Thailand - Cambodia border dispute broke out into a 5-day war in July this year. Photo: AFP

    Fighting escalates, Cambodia closes all border gates with Thailand

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    Cambodia temporarily suspended all border crossings with Thailand on December 13.

    The weightlifting story of the 33rd MMA SEA Games champion

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    Tran Ngoc Luong went through a stressful weight loss when he had to lose nearly 3.6kg right before the MMA final at the 33rd SEA Games.

    Dozens of residential land plots with an area of 2,690m2 of people have been stuck for many years at the Supermarket project and the Regional Distribution Center, Van Phu ward, Phu Tho province. Photo: PV.

    Resolutely resolve the land acquisition of a supermarket project in Phu Tho

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    After many years of being "stuck" in a supermarket project, dozens of plots of land of people in Phu Tho are about to be returned when the relevant parties get involved.

    SEA Games 33 Medal Schedule on December 13

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    Updated total medal table of the 33rd SEA Games on December 13.

    Luật thuế mới tạo thay đổi lớn cho hộ kinh doanh và người nộp thuế. Ảnh: Lục Giang

    Benefit from reduced tax rates

    Lục Giang |

    The revised Law on Personal Income Tax (PIT) raises the taxable revenue threshold to VND500 million, reducing the tax rate and rate, along with many significant changes for business households and employees.

    Nhiều điểm đáng chú ý trong danh sách các khoản thu nhập được miễn thuế thu nhập cá nhân theo luật mới. Ảnh: Hải Nguyễn

    Income exempt from personal income tax under the new law

    Hạ Linh |

    The amended Law on Personal Income Tax (TNCN) was officially passed by the National Assembly with many notable new points.

    Ngưỡng doanh thu hộ kinh doanh không phải nộp thuế TNCN theo luật mới. Ảnh: Thanh Bình

    Measures for business household revenue not required to pay personal income tax under the new law

    Thanh Bình |

    Individuals residing in a production or business household with an annual revenue of VND500 million or less do not have to pay personal income tax.