The HCM City Tax Department said that in the first six months of the year, the department refunded nearly VNĐ4.7 trillion (US$203 million) of value-added tax (VAT) to businesses in the area.
The Vietnam Timber and Forest Product Association believed that the tax authority''s approach to traceability is problematic as it misplaces the P/O burden onto exporters.
Taxpayers will have the right to know the time limit for tax refunds and non-refundable tax amount with legal grounds, according to a draft revision for the Law on Tax Management.
The General Department of Taxation (GDT) announced its 2018 plans and last year’s results yesterday, focusing on implementing revenue management solutions, reducing tax collection losses and managing arrears and value-added tax refunds.
The Ministry of Industry and Trade has sent a document to General Department of Customs on tax refunds for H-shaped steel products which were eliminated from paying temporary anti-dumping duties.
The Viet Nam Chamber of Commerce and Industry (VCCI) yesterday moved to
re-assure foreign businesses following the anti-China protests in Binh
Duong, Dong Nai and Ha Tinh provinces.