Vietnam considers new personal income tax threshold

A draft resolution seeking a higher threshold for personal income tax (PIT) is being examined by Vietnam’s legislators to help its citizens cushion the impacts of the novel coronavirus disease (COVID-19) pandemic. The Ministry of Finance estimates that the yearly state budget revenue will fall ...

Việt Nam’s tax system reviewed

The collection of indirect taxes in Việt Nam is forecast to increase in the future while direct taxes is predicted to account for a smaller proportion, according to a Fair Tax Monitor Index report released by Vietnam Institute for Economic and Policy Research (VEPR) yesterday.Keep reading ...

VNS Reporter

ASEAN free trade to put pressure on Vietnam

According to the ASEAN Trade in Goods Agreement (ATIGA), Vietnam will have to cut 669 tariff lines to zero percent in January 2018.Keep reading ...

VOV Reporter

Thousand billions in lost tax from foreign enterprises

Vietnam has lost thousands of billions of dong in taxes as foreign enterprises, especially large-scale ones, refuse to pay based on the Double Taxation Avoidance Agreement.Keep reading ...

Huu Tuan

Enterprises plagued by unclear tax and fee regulations

While the Vietnamese government is making great efforts to improve the country’s business and investment climate, unclear tax- and fee-related regulations are tormenting local firms planning to expand.Keep reading ...

Nguyen Dat

Vietnamese names in Paradise Papers to undergo tax inspection

Following the publication of the “Paradise Papers,” a trove of leaked documents detailing offshore investments, Vietnam’s tax authority plans to begin its review of implicated Vietnamese entities and individuals to identify those with any tax responsibilities at home.Keep reading ...

Tuoi Tre News Reporter

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