Tax on casino wins cut

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VietnamNet English 12 hour(s) ago

Tax on casino wins cut

While proposing the removal of personal income tax from the earnings of casino and lottery winners, the Vietnamese government has also suggested a 5 per cent increase in special consumption tax for casinos.

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WB report: VN’s efforts in business-friendly regulatory environment

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Báo điện tử CP English 2 day(s) ago

VGP – Viet Nam ranks 72 out of 189 economies in the business-friendly regulatory environment list in 2014 released by the World Bank Group on October 29.

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Tax on casino wins cut

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Báo Đầu Tư English 3 day(s) ago

Tax on casino wins cut

While proposing the removal of personal income tax from the earnings of casino and lottery winners, the Vietnamese government has also suggested a 5 per cent increase in special consumption tax for casinos.

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Foreign-invested enterprises receive too many tax incentives: survey

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VietnamNet English 3 day(s) ago

Foreign-invested enterprises receive too many tax incentives: survey

VietNamNet Bridge – Recent surveys about the tax policies applied to foreign-invested enterprises (FIEs) show that Vietnamese have become choosier about foreign direct investment (FDI) and FIEs (foreign-invested enterprises).

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Da Nang asks for incentives for major investors in IT park

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VietnamNet English 3 day(s) ago

Da Nang asks for incentives for major investors in IT park

VietNamNet Bridge – The central city of Da Nang has asked for the government’s permission to offer incentives to foreign-invested projects with capital of over $200 million in its IT park.

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Amending, supplementing corporate income tax incentives - opportunity for whom?

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Báo Đầu Tư English 5 day(s) ago

Amending, supplementing corporate income tax incentives - opportunity for whom?

Similar to many other developing countries, corporate income tax (CIT) incentives have been a key tool of CIT policy in Vietnam for over 20 years, which has contributed to the achievement of important economic, political objects, inclusive of orientation and attraction of investment capital, especially foreign investment into fields, sectors or localities needing development encouragement consistent with certain periods of the economy.

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Income tax flows in from mineral, petroleum firms

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Báo Đầu Tư English 1 week(s) ago

Income tax flows in from mineral, petroleum firms

Hanoi - The minerals and petroleum sectors remain the largest tax contributors in the 2014 list of 1,000 largest corporate income taxpayers in Viet Nam (V1000).

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Issuers of securities to invest 5 percent of profits in risk fund

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VietnamPlus English 1 week(s) ago 1 duplicate news

From the 2014 fiscal year onwards, securities companies and fund management firms will have to set aside 5 percent of their profits for the financial reserve and professional risk fund once previous losses are covered and corporate income deductions have been made in accordance with the Law on Corporate Income Tax.

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Tax incentives proposed for spurring travel industry

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VOV News English 1 week(s) ago 1 duplicate news

The Ministry of Culture, Sports and Tourism has proposed the Government halve value-added tax (VAT) and exempt or cut corporate income tax by 50% for enterprises joining a planned tourism promotion programme in the last three months of this year and throughout next year, the Saigon Times Daily reported.

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Tax incentives proposed for spurring travel industry

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VietnamPlus English 1 week(s) ago

The Ministry of Culture, Sports and Tourism has proposed the Government halve value-added tax (VAT) and exempt or cut corporate income tax by 50 percent for enterprises joining a planned tourism promotion programme in the last three months of this year and throughout next year, the Saigon Times Daily reported.

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Foreign-investment “super-projects” worth billions set records

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VietnamNet English 2 week(s) ago

Foreign-investment “super-projects” worth billions set records

VietNamNet Bridge – Foreign investors have recently announced the development of surprisingly highly capitalized projects. However, analysts warn that Vietnam needs to remain cautious about these “super-projects”.

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New decree reduces 88 tax payment hours

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SaiGon GP English 3 week(s) ago

New decree reduces 88 tax payment hours

Tax declaration time for businesses will reduce 88 hours per year as the Prime Minister has issued Decree 91, simplifying procedures on tax management, business income tax, value added tax and personal income tax.

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Metro Vietnam’s losses under the microscope

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VietnamNet English 1 month(s) ago

Metro Vietnam’s losses under the microscope

VietNamNet Bridge – The national taxation agency plans to conduct inspections of foreign-invested firms that have declared continuous losses, including Metro Vietnam.

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New policies take effect since October

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VietnamNet English 1 month(s) ago 1 related news

New policies take effect since October

VietNamNet Bridge – New policies on storm-resistant house construction in the Central region, social network management, and lower personal income tax (PIT) for individuals at economic zones shall come into force since October, 2014.

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New policies take effect since October

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Báo điện tử CP English 1 month(s) ago 1 related news

New policies take effect since October

VGP – New policies on storm-resistant house construction in the Central region, social network management, and lower personal income tax (PIT) for individuals at economic zones shall come into force since October, 2014.

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