The entry of importing used cars with nine seats and less will become tighter if the proposal of to lift tariffs by the Ministry of Finance recently is approved.
Pham Dinh Thi, director of the Ministry of Finance’s Tax Policy Department talks with a Vietnam News Agency reporter about the ministry’s proposal to increase the value added tax (VAT) from 10 per cent to 12 per cent.
The Ministry of Finance (MoF) introduced a draft of amendments to laws on Value Added Tax, Special Consumption Tax, Corporate Income Tax, Personal Income Tax and Natural Resources Protection Tax at a press conference on Tuesday.