tax

Latest News about tax

Hanoi woman earns over $14 million from writing apps for Google and Appleicon
BUSINESS13/09/20210

Hanoi woman earns over $14 million from writing apps for Google and Apple

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 wants to tax abandoned villasicon

Hanoi wants to tax abandoned villas

BUSINESS
04/06/2021

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.

Taxing unoccupied villas: one solution for creating fair housing marketicon

Taxing unoccupied villas: one solution for creating fair housing market

FEATURE
26/05/2021

A reasonable taxation policy is expected to help settle several problems, including excessive investment in high-end apartment and villa projects, and speculation buying.

Finance Ministry considering easing tax burden on individual landlordsicon

Finance Ministry considering easing tax burden on individual landlords

BUSINESS
25/05/2021

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.

VN online travel agencies plan to "move" to Singapore to 'avoid tax'icon

VN online travel agencies plan to "move" to Singapore to 'avoid tax'

TRAVEL
24/05/2021

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.

HCM City taxman wants to tax apartments for leaseicon

HCM City taxman wants to tax apartments for lease

BUSINESS
27/04/2021

The HCMC Tax Department has proposed piloting a plan to tax apartments for lease in five residential blocks in District 11.

Tax body to verify information about mutant orchids worth billions of VNDicon

Tax body to verify information about mutant orchids worth billions of VND

BUSINESS
23/03/2021

"Unusual fever" for mutant orchids has spread from the northern provinces of Quang Ninh, Son La, Hoa Binh to the Central Highlands. 

Vietnamese YouTubers in tumult about Google’s notice about 30% withholding taxicon

Vietnamese YouTubers in tumult about Google’s notice about 30% withholding tax

SCI-TECH & ENVIRONMENT
13/03/2021

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 revenue from Google, Youtube, Facebook reaches $49.5 million in 2020icon

Tax revenue from Google, Youtube, Facebook reaches $49.5 million in 2020

BUSINESS
07/02/2021

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.

End of the game nigh for online tax dodgersicon

End of the game nigh for online tax dodgers

BUSINESS
16/01/2021

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.

Cross-border taxation to bolster national budgeticon

Cross-border taxation to bolster national budget

BUSINESS
06/01/2021

Collecting tax from cross-border platforms as well as people profiting from them is the government’s leading mission in 2021.

New tax policy for ride-hailing services sets off stormicon

New tax policy for ride-hailing services sets off storm

BUSINESS
28/12/2020

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.

Tax on bonus share selling still controversial: expertsicon

Tax on bonus share selling still controversial: experts

BUSINESS
10/12/2020

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.

Bank accounts of local advertisers to be drained for Facebook and Google tax arrearsicon

Bank accounts of local advertisers to be drained for Facebook and Google tax arrears

BUSINESS
08/07/2020

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.

Vietnam closes in on tech app tax avoidersicon

Vietnam closes in on tech app tax avoiders

BUSINESS
02/07/2020

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 found in bribery scandal enveloping Tenma and Vietnamese officialsicon

No evidence found in bribery scandal enveloping Tenma and Vietnamese officials

BUSINESS
30/05/2020

No evidence was found to back up allegations of bribery against Japanese plastic maker Tenma and Vietnamese officials.

OTT takes advantage of cinema slumpicon

OTT takes advantage of cinema slump

FEATURE
20/04/2020

National social distancing measures are dragging CGV and other cineplexes down, causing substantital losses.

VN enterprises hurt by COVID-19 proposed five months tax payment leniencyicon

VN enterprises hurt by COVID-19 proposed five months tax payment leniency

BUSINESS
11/03/2020

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.