tax reduction

tin tức về tax reduction mới nhất

Multitude of options on table for further tax interventionsicon
BUSINESS19/06/20210

Multitude of options on table for further tax interventions

With the current outbreak still not entirely controlled, the government stands at a complicated crossroads as it needs to choose between further state budget security and continued support for the business community.
 
Legislature adopts resolution on reducing corporate income taxicon

Legislature adopts resolution on reducing corporate income tax

BUSINESS
19/06/2020
The National Assembly on June 19 passed a resolution on reducing corporate income tax in 2020 for enterprises, cooperatives, public non-production agencies and other organisations, with 91.1 percent of votes.
Gov’t proposes reducing income tax by 30% for small firmsicon

Gov’t proposes reducing income tax by 30% for small firms

BUSINESS
11/06/2020
Authorized by the prime minister, Minister of Finance Dinh Tien Dung on June 11 submitted a draft resolution to the National Assembly (NA) to offer a 30% corporate income tax cut for small businesses and cooperatives in 2020.  
Ministry proposes slashing corporate income tax by 30% for small, micro businessesicon

Ministry proposes slashing corporate income tax by 30% for small, micro businesses

BUSINESS
26/05/2020
The Ministry of Finance has proposed that the Government reduce corporate income tax by 30% for small and micro enterprises in 2020 to help them overcome difficulties caused by the Covid-19 pandemic.
Vietnam businesses eyed by foreign investorsicon

Vietnam businesses eyed by foreign investors

BUSINESS
18/05/2020
Instead of following procedures to become nvestors, foreign enterprises are preferring to ‘take a shortcut’ by taking over Vietnamese businesses, which allows them to penetrate the market more quickly.
Businesses seek tax reduction to foster recovery after pandemicicon

Businesses seek tax reduction to foster recovery after pandemic

BUSINESS
12/05/2020
The COVID-19 pandemic is a huge challenge for businesses irrespective of sector and size in all regions and countries, including Vietnam.
Finance Ministry rejects tax reduction proposalsicon

Finance Ministry rejects tax reduction proposals

BUSINESS
02/05/2020
The Ministry of Finance has rejected several proposals to reduce taxes to help revive production and trade and support businesses affected by Covid-19.
Tax reduction could help businesses recover from Covid-19icon

Tax reduction could help businesses recover from Covid-19

BUSINESS
28/02/2020
The tourism and service industry in Danang is expected to suffer losses of  US$30.4 million due to strong decreases among key tourist markets in the two months since the coronavirus (Covid-19) outbreak in Wuhan, China.