Ho Chi Minh City: Many State revenue has a low growth rate

Ho Chi Minh City: Many State revenue has a low growth rate

VCN- According to Ho Chi Minh Tax Department, in the first five months of 2019, revenue collected from from the Corporate Income Tax increased by 8.58% compared to 2018 and it was the highest revenue in three major revenue earners.
How does a kid model pay personal income tax?

How does a kid model pay personal income tax?

VCN - Due to underage, to be granted personal tax code, how does the kid model pay personal income tax (PIT)?
Ho Chi Minh City: Establish 25 sites to support personal income tax finalization

Ho Chi Minh City: Establish 25 sites to support personal income tax finalization

VCN- 25 sites will be equipped with facilities (computers, printers, etc.) for tax payers to make tax finalization. At the same time, taxpayers can implement online declaration on website: httpsthuedientu.gov.vn to make, print declaration and send decla
HCMC: First day of supporting PIT finalization: few taxpayers, fast implementation

HCMC: First day of supporting PIT finalization: few taxpayers, fast implementation

VCN – On March 18, 2019, Ho Chi Minh City (HCMC) Tax Department started the support program for taxpayers who are individuals submitting personal income tax (PIT) finalization documents.
Strengthening in collecting Personal Income Tax, Ho Chi Minh expects to increase revenue

Strengthening in collecting Personal Income Tax, Ho Chi Minh expects to increase revenue

VCN- Specifically, in the first 7 months of 2018, Ho Chi Minh Tax department collected VND 22,477 billion from Personal Income Tax, increasing by 23.59% compared to the same period in 2017.
The deadline for PIT finalization may be extended

The deadline for PIT finalization may be extended

The regulation on removing the PIT finalization for paying organizations will be prescribed at the level of sub-law document.
HCM City Tax Department: Supporting over 10,400 turns of personal income tax finalization

HCM City Tax Department: Supporting over 10,400 turns of personal income tax finalization

According to statistics from the HCM City Tax Department, from 12/3 to 23/3, the unit has coordinated with the tax agent club to support 10,405 turns of personal income tax settlement (PIT) 2017.
Proposal to raise personal income tax from wages and salaries

Proposal to raise personal income tax from wages and salaries

VCN - Individuals with taxable income of VND 15 million per month will pay VND 250,000 more per month; Individuals with a taxable income of VND 30 million per month will pay more VND 400,000 per month
Personal income tax for health insurance

Personal income tax for health insurance

Health insurance that employers buy for employees would not count towards employees personal income tax.
Taxpayers are satisfied with the new venue for tax finalization

Taxpayers are satisfied with the new venue for tax finalization

VCN- The support of tax authorities was highly appreciated by taxpayers.
Noticing when finalizing PIT on income from salaries or wages

Noticing when finalizing PIT on income from salaries or wages

To support taxpayers when finalizing PIT, the Hanoi Tax Department noticed a number of tax policies on income from wages and salaries
Increasing electronic tax declaration and reducing tax finalization at Tax agencies

Increasing electronic tax declaration and reducing tax finalization at Tax agencies

VCN -According to Mr. Cao Anh Tuan, the Deputy Director General of the General Department of Taxation, in recent years the tax finalization has become familiar, especially in the last 2 years.
New rates of license tax in 2017

New rates of license tax in 2017

The license fee for organizations in this paragraph is based on the charter capital stated in the business registration certificate or written in the bylaws of the co-operative.
Expanding the list of severe diseases exempted from the Personal Income Tax:  Still waiting for the Ministry of Health

Expanding the list of severe diseases exempted from the Personal Income Tax: Still waiting for the Ministry of Health

VCN- Over the past time, there was a situation when some patients with serious diseases did not know about the exemption or reduction from the Personal Income Tax (PIT) policy; or if they knew about it, the amount of reduction was not significant. On this matter, the representative of the General Department of Taxation addressed that there will be broader dissemination and appropriate adjustment for the policy to be more reasonable.
In November: landlords in Hanoi and HCMC  must do online tax declaration

In November: landlords in Hanoi and HCMC must do online tax declaration

The Minister of Finance has issued Decision No. 2128 / QD-BTC on the pilot of value-added tax and personal income tax online declarations for individual house rentals.
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