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tax

'VAT tax should be reduced until the end of 2024'

Thinking that extending the 2% VAT reduction until mid-2024 will be difficult to stimulate demand clearly, delegates proposed...

Proposal to continue reducing VAT by 2% to stimulate domestic consumption

Continuing the 6th session of the 20th National Assembly, on November 11, Minister of Finance Ho Duc Phoc, authorized...

The budget will reduce revenue by 25.000 billion VND if the 2% VAT reduction is extended

On the afternoon of November 20, the National Assembly discussed in the hall about reducing value added tax (VAT). Presentation of...

The budget will reduce revenue by 25.000 billion VND if the 2% VAT reduction is extended

Continuing to allow some products to enjoy a VAT rate of 8% instead of 10% until the middle of next year makes the budget...

The Ministry of Finance answered that in case of selling a car to pay off debt, VAT must be paid

A business in Hung Yen reflected: My business is operating in the field of automobile manufacturing and assembly. The...

The Government submitted to the National Assembly a proposal to further reduce VAT by 2% until mid-2024

Under the authorization of the Prime Minister, Minister of Justice Le Thanh Long signed the Government's report to the National...

The government proposes to extend the 2% VAT reduction until the middle of next year

The Government submits to the National Assembly the extension of the 2% value-added tax (VAT) reduction period for some items...

'It is difficult to refund VAT when the foreign partner does not exist'

The Minister of Finance said that some import-export companies cannot refund VAT due to invalid contracts,...

Many tax policies are outdated for decades

On the morning of November 2, the National Assembly discussed in the hall about the mid-term assessment of implementing the Central Public Investment Plan...

Businesses still encounter many problems with VAT reduction

Recently, a business sent a question to the Tax Department of Bac Ninh province with the content: "My company is...

Proposal to reduce VAT for all goods and services

The Vietnam Confederation of Commerce and Industry (VCCI) has just sent a document to the Ministry of Finance responding to the reduction...

Proposal to reduce VAT for banks; EVN's monopoly ends

- Proposing banks in the group of goods and services to receive a 2% VAT reduction To create conditions for organizations...

Report to the Prime Minister on electricity prices; Proposal to reduce VAT by 2%

- The Ministry of Industry and Trade reports to the Prime Minister on electricity price management. The Ministry of Industry and Trade has just sent a report to the Prime Minister informing...

It is expected to reduce VAT by 2% until the first half of next year

The Ministry of Finance proposes to extend the Value Added Tax reduction policy of 2% until the first half of 2024, except for the group of goods...

Refunded more than 98.000 billion VND in VAT in the first 9 months of the year

According to information from the General Department of Taxation, as of the end of September 9, tax authorities have issued 2023 decisions to refund...

VCCI: VAT policy is 'giving no other country money'

Regulations on goods that are not subject to VAT are causing Vietnam to reverse-protect foreign enterprises, and at the same time "give away" the...

Smartphones, imported cars, cigars are not eligible for VAT reduction

The General Department of Customs has just sent an express dispatch to the Customs Departments guiding the implementation of Decree 44/2023/ND-CP on...

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