Taxation

Taxes for homeowners changing from 2026 and points to note

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Taxes on house rental activities are determined based on total annual revenue, abolishing subject-matter fees and only incurring taxes when revenue exceeds 500 million VND/year.

Mr. Trump declares 25% tax on countries doing business with Iran

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The Trump administration is increasing trade pressure as Iranian tensions escalate along with a large wave of protests.

US postpones 1-year tax increase on some finished wood products

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The United States decided to postpone the tax increase on some finished wood products, including mattress seats, kitchen cabinets and bathroom cabinets, from January 1, 2026 to January 1, 2027.

Providing incorrect salary information of taxpayers is subject to a fine of up to 10 million VND

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A reader with email phantuanxxx@gmail.com asked: How is it punished for providing incorrect taxpayer salary information?

Penalties for tax administrative violations against organizations and individuals from 2026

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A reader with email caotuanxxx@gmail.com asked: How is the penalty for tax administrative violations against related organizations and individuals regulated?

Failure to make an invoice when selling goods can be fined up to 80 million VND

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A reader with email buihanhxxx@gmail.com asked: How can the act of not making invoices when selling goods be punished under the new regulations?

Switzerland opposes new inheritance tax, fears of the super-rich leaving the country

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With an overwhelming 78% of voters against, Swiss voters have rejected the proposal to impose a 50% inheritance tax on the super-rich to protect their position as a global financial center.

Raising tax exemption threshold for business households to stay strong

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The Ministry of Finance proposes to adjust from 200 million VND/year to 500 million VND/year the non-taxable revenue for households and individuals doing business.

Mr. Trump promises to pay a customs dividend of 2,000 USD for each American

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President Donald Trump has pledged that every eligible American citizen will receive a taxes load of $2,000.

Vietnam - US countervailing tax negotiations: New window of opportunities, adaptation testing

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A series of billion-dollar deals were signed, along with the US lowering counterpart tariffs on Vietnam from 46% to 20%, opening a new chapter for trade between the two countries.

Mr. Trump imposes an additional 10% tax on Canadian goods

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Mr. Trump announced a 10% increase in tariffs on Canadian goods, after Ontario province aired an advertisement that he called "lies and hostility".

E-commerce tax revenue increased by 50-60%, thanks to tax collection in previous years

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According to the Tax Department (Ministry of Finance), e-commerce tax revenue this year has increased by 50-60%, thanks to a portion of tax collection from previous years.

Russia plans to impose taxes on betting, increase VAT to increase the budget

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Russia is planning to tighten the gambling industry by imposing a 5% tax on all deposits, while increasing VAT to supplement the budget.

EU resolutely reject US demand for tariffs on Russian oil buyers

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The EU flatly rejected US President Donald Trump's request to impose a 100% tariff on India and China, two buyers of Russian oil.

US - China launch fourth round of trade talks

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On September 14, the US and China launched the fourth round of trade talks in Madrid (Spain).