HCMC tax agency proposes higher income tax threshold

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Báo Tuổi Trẻ English 14 month(s) ago

HCMC tax agency proposes higher income tax threshold

The Ho Chi Minh City Tax Agency has recently filed its feedback on the draft for a new tax law developed by the Ministry of Finance, suggesting that the personal income tax threshold be hiked to VND9 million (US$432) a month.

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Tax reduction will bring more gains than losses

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VietnamNet English 1 month(s) ago

Tax reduction will bring more gains than losses

VietNamNet Bridge – It would be better to reduce tax and collect tax sufficiently, than setting up high tax rates which prompt businesses to evade tax.

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Tax payment to go under close scrutiny

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SaigonTimes English 18 month(s) ago

HCMC – Tax compliance will be observed more strictly given the recent changes in Vietnam’s tax policy, said experts of Deloitte at a seminar to update tax regulations held by the accountancy firm on Thursday.

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Enterprises told to request tax payment extensions

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SaigonTimes English 3 month(s) ago

Enterprises told to request tax payment extensions

HCMC – The enterprises eligible for corporate income tax and value added tax (VAT) payment extensions and land rent and use fee reductions need to send written requests to relevant tax agencies.

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Gov't looks at revisions to national tax policies

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VietNam News English 3 month(s) ago

Cabinet members yesterday discussed draft amendments to the Corporate Income Tax and Value-added Tax Laws to remove any shortcomings and inconsistencies and facilitate business operations.

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Ministry mulls lifting income tax threshold in 2014

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Báo Dân Trí English 15 month(s) ago

Ministry mulls lifting income tax threshold in 2014

The Ministry of Finance is drafting a new law on personal income tax collection, in which it recommends that the tax threshold be lifted to VND6 million ($288) a month from the current VND4 million, said Deputy Minister Vu Thi Mai at a press briefing yesterday.

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Taxpayers blast income tax law amendment

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Báo Tuổi Trẻ English 15 month(s) ago 2 related news

Taxpayers blast income tax law amendment

The raising of the income tax threshold may not be good news when taxpayers have to wait for as long as two years, given the current raging inflation.

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Ministry mulls lifting income tax threshold in 2014

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Báo Tuổi Trẻ English 15 month(s) ago 2 related news

Ministry mulls lifting income tax threshold in 2014

The Ministry of Finance is drafting a new law on personal income tax collection, in which it recommends that the tax threshold be lifted to VND6 million (US$288) a month from the current VND4 million, said Deputy Minister Vu Thi Mai at a press briefing yesterday.

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Tax payment to go under close scrutiny

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VietnamNet English 18 month(s) ago 1 related news

Tax compliance will be observed more strictly given the recent changes in Vietnam’s tax policy, said experts of Deloitte at a recent seminar.

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Corporate income tax reduction in the offing

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SaigonTimes English 21 month(s) ago

HANOI – Vietnam will likely slash the corporate income tax from next year to make life easier for enterprises, but will mull raising the value-added tax, said the chairwoman of the Vietnam Tax Consulting Association.

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No income tax relief this year

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VietNam News English 26 month(s) ago

Income tax payers in Viet Nam would receive no tax breaks this year as the current Personal Income Tax Law won't be adjusted until next year, said Cao Ngoc Xuyen, deputy chairman of the National Assembly's Financial and Budgetary Committee, during an interview with Tuoi Tre (Youth) newspaper.

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Slow tax payments create headaches

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VietStock FI English 27 month(s) ago 1 related news

Slow tax payments create headaches

Delayed tax filing by businesses has put pressure on both tax agencies and the enterprises themselves.

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Taxation of foreign invested enterprises

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Hanoi Times English 34 month(s) ago

The Hanoi Times - According to regulations on investment, enterprises are mainly subject to the following taxes: Corporate income tax (CIT); Value added tax (VAT); Special sales tax, and Personal income tax.

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Tax incentives to push foreign firms to recruit locally

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Báo Đầu Tư English 35 month(s) ago

Foreign businesses will have more incentive to employ Vietnamese staff if a Ministry of Finance proposal to raise the monthly personal income tax threshold for Vietnamese employees to VND4 million ($258) gets the nod.

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National Assembly continues to consider tax relief

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VietnamNet English 1 month(s) ago

National Assembly continues to consider tax relief

VietNamNet Bridge - Tax relief for business support is one of the main discussions at the opening meeting of the National Assembly Standing Committee on April 9.

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