TAX
Handling of inactive businesses that have not yet closed their tax codes
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The General Department of Taxation requires strengthening the review and handling of enterprises that have ceased operations but have not yet terminated their tax codes.
Short-term real estate speculation can easily cause market chaos
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The practice of buying and selling houses and land in a short period of time to make a profit easily pushes real estate prices higher than their real value, causing market disruption.
Resolutely handle tax officials who violate the law
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The General Department of Taxation has just issued an Official Dispatch to the Tax Departments of provinces and centrally-run cities regarding the direction of rectifying discipline in the performance of public duties.
Canada prepares to respond to Trump's 25% tariff
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Canadian Prime Minister Justin Trudeau traveled to Florida, USA to have dinner with President-elect Donald Trump after Mr. Trump threatened to impose tariffs on imports from Canada.
Reasons why the Ministry of Finance continues to propose reducing VAT
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According to the Ministry of Finance, reducing value-added tax (VAT) is necessary to stimulate consumption, in line with the current economic context.
Trump proposes tariffs on Mexico, Canada and China
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President-elect Donald Trump has pledged to impose new tariffs on America's largest trading partners, Canada, Mexico and China.
Air conditioners should not be considered luxury goods subject to consumption tax
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National Assembly delegates said that air conditioners, which are also used by poor people, cannot be considered luxury goods to be subject to special consumption tax.
Proposal to put votive paper and plastic bags under special consumption tax
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Discussing in the group, delegate Duong Minh Anh (Hanoi delegation) expressed high agreement with the proposal to make votive paper and votive goods subject to special consumption tax.
Wondering whether to give tax incentives to beauty pageants
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National Assembly delegates wonder whether tax incentives should be given to beauty pageants while Vietnam has the second largest number of pageants in the world.
Proposal to exempt income tax for press in the first phase
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National Assembly delegates proposed preferential policies for the press such as exempting corporate income tax in the early stages or at the lowest level.
Extending the time to increase tax on alcohol and beer to harmonize the interests of three parties
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Many opinions discussed the proposal to postpone the special consumption tax on alcohol and beer to ensure the harmonious interests of "the state, businesses and people".
Soft drinks with sugar content over 5g/100ml will be taxed
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The draft Law on Special Consumption Tax (amended) adds soft drinks with sugar content over 5g/100ml to the list of subjects subject to special consumption tax, with a tax rate of 10%.
Proposed roadmap to increase special consumption tax on alcohol and beer
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The draft Law on Special Consumption Tax (amended) proposes a roadmap to increase taxes on alcohol and beer by percentage to achieve the target of increasing prices by at least 10%.
Business on e-commerce platforms must pay taxes
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The Law on Corporate Income Tax (amended) supplements regulations that foreign enterprises providing goods and services on e-commerce platforms must pay taxes.
E-commerce platforms pay taxes on behalf of sellers from 2025
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The draft amended Law on Tax Administration supplements the responsibility of deducting, declaring, and paying taxes on behalf of sellers of e-commerce platforms.
