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tax-on-tax

Foreign suppliers pay nearly VNĐ8.7 trillion in taxes this year

Foreign suppliers pay nearly VNĐ8.7 trillion in taxes this year

A total of 120 foreign suppliers have registered, declared and paid taxes worth more than VNĐ8.68 trillion (US$341 million) through the General Department of Taxation (GDT)’s e-portal this year, up by 26 per cent year-on-year and 74 per cent compared to the annual target.
HCM City Tax Department refunds VNĐ4.7 trillion of VAT

HCM City Tax Department refunds VNĐ4.7 trillion of VAT

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.
Taxing gold buyers is a tax-on-tax, say experts

Taxing gold buyers is a tax-on-tax, say experts

Taxing gold purchases so that people ''love'' gold less needs to be thought out, not just imposed arbitrarily, to avoid a tax on tax, say experts
VN to study property tax in comprehensive tax reform

VN to study property tax in comprehensive tax reform

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.
HCM City recovers more than VND1.1 trillion in tax

HCM City recovers more than VND1.1 trillion in tax

HCM City Tax Department has fined a number of tax violators and managed to reclaim more than VNĐ1.1 trillion (US$51 million) for the State budget in the first four months of this year.
PM urges tax sector to continue with reforms

PM urges tax sector to continue with reforms

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.
HCM City to implement e-Tax system from February 10

HCM City to implement e-Tax system from February 10

The HCM City Department of Taxation will implement the e-Tax system from February 10 to improve tax service quality in the city.
The Ministry of Finance proposes reducing import tax on some foods

The Ministry of Finance proposes reducing import tax on some foods

The ministry said consumers will benefit from tax reductions due to decreasing product prices.
HCM City Tax Department releases list of firms in tax debt

HCM City Tax Department releases list of firms in tax debt

HCM City’s Tax Department has announced a list of 1,691 companies with total unpaid tax debt of nearly VND4.5 trillion (US$ 193.5 million).
Uber pays off tax debts

Uber pays off tax debts

Uber B.V has completed the payment of its remaining tax debts and evasion penalties worth more than VND53 billion (US$2.3 million), five months after the ride hailing company ceased operations in Viet Nam, according to a tax official.
Authorities slap social media profiteers with tax bill

Authorities slap social media profiteers with tax bill

The HCM City tax department served a tax notice and slapped a fine on an individual together amounting to VND4.1 billion for failure to pay tax on incomes received from foreign companies in the last two years.
Electronics retailer owes 6.42m in fines, back taxes over past decade

Electronics retailer owes $6.42m in fines, back taxes over past decade

HCM City-based electronics retailer Nguyen Kim has been asked to pay nearly VND150 billion (US$6.42 million) in fines and tax arrears after it was found to have been improperly manipulating the amount of personal income tax its employees had to...
Ministry proposes tax law changes

Ministry proposes tax law changes

The Ministry of Finance has proposed amendments to the Law on Tax Management, aiming to enhance efficiency of tax collection from multinational companies, cross-border transactions and online businesses.
Ha Noi tax department uses IT to prevent tax losses

Ha Noi tax department uses IT to prevent tax losses

A strong focus on the application of information technology has helped the Ha Noi Tax Department increase its risk analysis capacity and improve the tax examination and inspection procedure.
MoF refuses to cut tax rates for coal industry

MoF refuses to cut tax rates for coal industry

The Ministry of Finance has refused to reduce tax rates for the coal industry, citing the fact that tax reduction is beyond the Government’s authority.