Latest News about tax
A 29-year-old Hanoi woman earned VND30 billion (nearly $14.5 million) a year by writing software for Google Play and App Store, paying tax of VND23.4 billion (over $1 million).
Hanoi has proposed to the Ministry of Finance the imposition of a tax or fine on owners of half-finished and abandoned townhouses and villas which were causing considerable waste of land resources.
A reasonable taxation policy is expected to help settle several problems, including excessive investment in high-end apartment and villa projects, and speculation buying.
The General Department of Taxation under the Ministry of Finance is studying a proposal on increasing the threshold of taxable revenue for individual landlords renting out houses.
Many domestic online travel agencies (OTAs) have plans to register their businesses in countries like Singapore to avoid tax obligations, which will help them compete on price with foreign OTAs.
The HCMC Tax Department has proposed piloting a plan to tax apartments for lease in five residential blocks in District 11.
"Unusual fever" for mutant orchids has spread from the northern provinces of Quang Ninh, Son La, Hoa Binh to the Central Highlands.
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Vietnamese YouTube content creators are unhappy about an announcement from Google about a deduction of up to 30 percent from their earnings from the platform.
Tax revenues from online advertising business models of foreign organisations that do not have legal entities in Vietnam like Google, YouTube or Facebook hit VND1.14 trillion ($49.5 million) last year.
The age of unfettered freedom for online business and vendors is coming to a close as Vietnamese authorities are building policies to better trace these activities and collect the state’s due.
Collecting tax from cross-border platforms as well as people profiting from them is the government’s leading mission in 2021.
Earlier this month the Government’s amendment of tax regulations for ride-hailing services, which increases the tax they actually pay, was a topic of hot debate in the media.
Starting on December 5, investors will have to pay a 5 per cent individual income tax if they want to sell bonus and dividend shares in accordance with Decree 126/2020/NĐ-CP.
Dozens of thousands of local advertisers of Facebook and Google are on edge since the Law on Tax Administration has come into force on July 1.
Apple and Google are once again under fire over tax avoidance in Vietnam, with none of their revenues from their app markets being retained in the country. However, a new law could soon enable local authorities to take their cut.
No evidence was found to back up allegations of bribery against Japanese plastic maker Tenma and Vietnamese officials.
National social distancing measures are dragging CGV and other cineplexes down, causing substantital losses.
Enterprises and individuals directly affected by the COVID-19 would be allowed to pay VAT or land rent five months late, according to a proposal of the MoF.