Update news taxes

The Ministry of Finance has proposed applying four rates of environmental protection tax on fuels in 2023 depending on global prices.

Construction ministry studies real estate tax policies

The Ministry of Construction (MoC) will study suitable tax policies in the real estate market to encourage the effective use of houses and land, limit speculation, and ensure State budget revenue.

VN hopes to tax overseas sellers on e-commerce platforms

The Vietnamese tax watchdog hopes to tax sellers based in foreign countries but operating e-commerce businesses in Vietnam.

Facebook, Google, YouTube likely obliged to pay taxes in Vietnam

Foreign tech giants like Facebook, Google, and YouTube will have to pay taxes in Vietnam under a draft circular, after years of invoicing their revenues out of the country.

14 types of fees imposed on a chicken

 VietNamNet Bridge – The overlapping fees in the poultry industry have increased the cost of production and circulation.

Bosses flee Vietnam, ignoring debts and taxes

 VietNamNet Bridge – The bad news about tax evasion and debt repudiation cases by foreign invested companies has darkened Vietnam’s foreign direct investment (FDI) landscape.

State agencies help alcohol distillers avoid tax

 VietNamNet Bridge – Bottled drinks with the label “functional food” and alcohol concentrations of up to 35 percent are regularly served at street shops and luxurious restaurants.

International auditing firms lend a hand to FIEs’ transfer pricing?

 VietNamNet Bridge – The finance reports of the foreign invested enterprises (FIEs) in the multi-trillion dong transfer pricing affairs have all been audited by the world’s leading auditing firms. How could the experienced auditors be cheated?

Italy unveils draft budget to cut debt, taxes

 Italy's government approved a 2014 budget that will have "less spending, less debt and less tax" to help sustain a gradual economic recovery it hopes will start later this year.

Auto industry faces crossroads ahead of ASEAN trade pact

 VietNamNet Bridge – Viet Nam's automotive industry could face major collapse under commitments to the ASEAN Free Trade Area (AFTA) which will abolish auto import taxes in 2018.

Sky high road tax kill logistics industry

The Ministry of Transport has raised the existing fees and set new kinds of fees, heaping logistics enterprises with big difficulties.

Obama urges lawmakers to resolve "fiscal cliff" before Christmas

 U.S. President Barack Obama on Wednesday urged lawmakers in the Congress to find common ground and avoid the looming "fiscal cliff," saying he was hopeful that Democrats and Republicans could ink a fiscal deal before Christmas.