Latest News about tax
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.
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.
Among the incentives, the government is urged to lower the special consumption tax for locally made parts to help them reduce prices to compete with foreign manufacturers.
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Samsung wants to change the purpose of the R&D Center or transfer the building and its related land-use rights to another party, in case of necessity.
Seventy-eight per cent of surveyed enterprises expressed satisfaction with tax administrative reforms this year, up 3 per cent compared to 2016.
Due to tax violations, real estate giant Lideco has been fined for VND2.3 billion ($100,000).
The HCMC Tax Department has ordered a YouTuber who earned VND19 billion in personal income from 2016 to 2018 via videos uploaded on YouTube to pay VND1.5 billion in back taxes, the local media reported.
"Decree 20 also gives the tax authorities the power to use internal databases for TP assessment purposes in the case of a taxpayer being deemed non-compliant with the requirements of the decree."