Tax Department

Update news Tax Department

Unclear provisions in new tax-related Decree

Vietnamese citizens and commercial banks alike have expressed uncertainty over the new Decree 126 on Tax Administration that requires banks to provide customers’ information as well as deduct tax payables on behalf of the tax department.

Japanese firm and officials under investigation over alleged bribery

Minister of Finance Dinh Tien Dung has requested an urgent investigation into an alleged bribery of Vietnamese officials by Tenma Vietnam - a subsidiary of Japan’s plastic product maker Tenma Corporation.

HCMC tax department sent 4000 apology letters to applicants

HCM City’s tax department and the people’s committee of Binh Tan District have sent the highest maximum number of letters of apology to applicants for delayed processing of their dossiers compared to other agencies.