At the closing session of the 6th session of the 29th National Assembly on the morning of November 11, with 477/477 delegates voting in favor, the National Assembly officially passed the Resolution of the 6th session of the XNUMXth National Assembly.
According to the resolution, groups of goods and services currently applying a tax rate of 10% will receive a 2% reduction in value added tax (VAT) from January 1, 1 to June 2024, 30.
Continue to reduce VAT by 2% from January 1, 1 to June 2024, 30.
This reduced tax rate does not apply to a number of goods and services, as stipulated in Resolution No. 43, including: Telecommunications, information technology, financial activities, banking, securities, insurance, trading in real estate, metals, fabricated metal products, mining products (excluding coal mining), coke, refined petroleum, chemical products, goods and services subject to special consumption tax.
The National Assembly also assigned the Government to organize timely and effective implementation, without affecting the 2024 State budget revenue and overspending estimates according to the National Assembly's Resolution, and report to the National Assembly on implementation results at the term. 7th meeting, 2024th National Assembly (mid-XNUMX).
With the project of land acquisition, compensation, support, and resettlement at Long Thanh International Airport, the National Assembly agreed to allow the extension of implementation time until December 31, 12; additional 2024 billion VND from the central budget general reserve of the medium-term public investment plan for the period 966,749 - 2021 for this project.
“The Government is responsible for the accuracy and completeness of information and data reported to the National Assembly; Direct relevant ministries, branches and Dong Nai Provincial People's Committee to coordinate, implement and complete the project according to schedule and regulations of the State Budget Law, Public Investment Law and relevant laws.", the Resolution clearly stated.
Thanh Lam
