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Monday, May 23, 2022
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tax reduction

MoF rejects proposed tax exemption and reduction for airlines

HCMC - The Ministry of Finance (MoF) has turned down a proposal on tax exemption and reduction for enterprises in the aviation industry, saying...

Government mulls taxing houses, reducing import tax

 Deputy Prime Minister Le Minh Khai has asked the Ministry of Finance to propose regulations to tax houses to cope with property speculation.

Tax cuts help control inflation: Finance Ministry

HCMC – Tax and fee reductions have contributed to bringing inflation under control in Vietnam, according to Deputy Minister of Finance Vo Thanh Hung. Speaking...

Over 700,000 F&B firms suspend operations, says travel firm leader

HCMC – More than 700,000 small and micro enterprises in the food and beverage sector have suspended their operations, said Nguyen Quoc Ky, chairman...

Will the global tax agreement help Vietnam tax corporate titans?

The Group of Seven (G-7) has reached a historic agreement on reforms in the global corporate income tax system, which may help to tackle...

Vietnam cuts corporate income tax for science, tech firms

HCMC – Companies active in the science and technology sectors in Vietnam will enjoy the exemption and reduction of corporate income tax for up...

Tax relief should not be “One size fits all”

The Private Economic Development Research Board, under the Advisory Council for Administrative Procedure Reform, has proposed a 30% reduction in corporate income tax for...

Corporate income tax reduction for all firms proposed

HCMC – The Private Economic Development Research Board under the Government’s Advisory Council for Administrative Procedure Reform has suggested applying a 30% corporate income...

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