Viet Nam will study the imposition of a tax on houseowners and increase taxes on land in an effort to prevent speculation and increase the land use efficiency.
Prime Minister Nguyen Xuan Phuc on Wednesday praised the tax sector for reshuffling working apparatus, and urged it to continue with reforms to better serve taxpayers.
Prime Minister Nguyen Xuan Phuc asked ministries and relevant sectors to study the effects on Viet Nam of the tax reforms US President Donald Trump signed into law last month.
The business community wants the general departments of Taxation and Customs to carefully consider reforms on tax and customs procedures, so as to the most favourable business conditions for enterprises.
Strengthening tax systems has emerged as a key priority in improving the resilience of the national economy and supporting its growth objectives. Viet Nam News reporter Mai Huong interviews Alex Mourmouras, chief of the ASEAN1 division at the IMF’s Asia...
Regional policymakers on Wednesday gathered to discuss key issues on taxation in Asia and called on a closer cooperation in international tax reform on the back of expansion of economic integration and cross-border trade and investment.