Corporate Income Tax

Opportunity for Vietnam to improve its business investment environment

13:47 | 17/01/2024 Import-Export

VCN - Minister of Planning and Investment Nguyen Chi Dung affirmed that it is necessary to comprehensively evaluate the system of policies and laws on investment encouragement to supplement and adjust new incentive and investment support mechanisms to ens

Amend Corporate Income Tax to implement Pillar 2 of global minimum tax

15:37 | 30/10/2023 Regulations

VCN - According to the Ministry of Finance, the specific goal of amending the Law on Corporate Income Tax (CIT) will contribute to creating conditions to promote and support businesses to expand production and business; Review and rearrange tax incentive

Revising corporate income tax incentives to respond to global minimum tax

13:52 | 23/05/2023 Regulations

VCN - The amendment of corporate income tax (CIT) incentives helps Vietnam proactively develop solutions to cope with the application of Pillar 2 of the global minimum tax by countries around the world to maintain the attractiveness of the domestic invest

Vietnam adjusting policies to adapt to global minimum corporate income tax: Official

15:48 | 27/03/2023 Finance

Vietnam is studying and adjusting its investment policies to adapt to the global minimum corporate income tax which is scheduled to be applied from 2024, said Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc.

Revising Law on Corporate Income Tax: Promoting resources for socio-economic development

13:43 | 27/03/2023 Regulations

VCN - After a long time of implementation and many changes in reality, it is time to amend the Law on Corporate Income Tax (CIT) to remove difficulties for production and business activities, and open up and promote resources for economic and social devel

Extending deadline for VAT payment, corporate income tax and personal income tax 2022

15:10 | 05/06/2022 Regulations

Deputy Prime Minister Le Minh Khai signed Decree No. 34/2022/ND-CP dated May 28, 2022 on extending the deadline for paying value-added tax, corporate income tax, personal income tax

Overseas suppliers web portal is coming soon

09:00 | 20/03/2022 Finance

The General Department of Taxation has built, trialed and is preparing to launch a web portal for overseas suppliers earning income from Vietnam to register, declare and pay tax.

Amending regulations on temporary payment of 75% corporate income tax

19:08 | 19/02/2022 Regulations

VCN - Through practical implementation, the requirement that businesses must estimate the tax payable for the whole year, while there are still two months left, is not reasonable, and does not help taxpayers.

MoF to revise regulations on temporary payments of Corporate Income Tax

11:15 | 16/12/2021 Finance

VCN – The Ministry has drafted a Decree amending and supplementing Decree 126/2020 and has sent it to ministries and government agencies for comments and to the Government for promulgation.

More than 139,000 businesses and individuals have tax payment deadlines extended

12:38 | 10/12/2021 Finance

By the end of November, the Tax sector has extended deadlines of tax and land rent payments totalling more than VND92.8 trillion following Decree No. 52/2021/ND-CP of the Government.

The Ministry of Finance collecting opinions to ensure the promulgation of resolution on tax support in time

08:56 | 14/08/2021 Finance

A representatives of leaders of the Ministry of Finance said that they are collecting opinions to promptly finalise tax support policies.

Ministry proposes 30 percent decrease in 2021 corporate income tax

20:13 | 04/08/2021 Finance

The Ministry of Finance (MoF) is proposing a 30 percent reduction in the corporate income tax which enterprises must pay in 2021 in a draft resolution on budget collection solutions which is to be submitted to the National Assembly’s Standing Committee for approval.