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taxation
Update news taxation
Vietnamese enterprises urged to prepare for changes in tax policy
These policies not only introduce new tax treatments such as e-commerce transactions, re-auditing or the application of penalties, but also introduce new regulations of tax compliance and audit management.
Concerns persist over taxation of foreign e-commerce firms
The passing of the amended Law on Tax Management by the National Assembly is expected to improve the taxation on e-commerce activities.
Taxation department vows to remove troublesome tax procedures
VietNamNet Bridge – The General Department of Taxation (GDT) has said it would simplify several tax procedures that businesses complain are too complicated and time consuming.
Business wins lawsuit against HCM City taxation agency
VietNamNet Bridge – The Maseco company won an unprecedented lawsuit against the HCM City Taxation Agency, raising concerns about tax regulations and how they are implemented.
Numerous businesses unexpectedly asked to pay tax arrears
VietNamNet Bridge – A lot of businesses have unexpectedly received a demand to pay tax arrears worth of up to billions of dong. The businesses complain that they are the victims of the unclear legal documents.
Authorities fail to collect tax from online shops
VietNamNet Bridge – The online trade now in Vietnam has special characteristics, beginning with “no”: no tax, no clear origin of products and no certificate on product quality.
Taxation may spoil education socialization programs
VietNamNet Bridge – The State, in an effort to encourage the development of private schools in a program on education socialization, promised to offer some investment incentives. However, the schools complain they have to pay overly high taxes.
Tax authority gets tough on firms
The Viet Nam General Department of Taxation plans to examine over 63,200 enterprises this year, while conducting thorough inspections of around 8,700 firms in order to crack down on businesses suspected to have used transfer pricing.
