GDVC assigns minimum targets for overdue tax debt collection and settlement in 2024 to customs departments

GDVC assigns minimum targets for overdue tax debt collection and settlement in 2024 to customs departments

VCN - In addition, the GDVC requests heads of GDVC’s departments under the General Department of Customs, are responsible for inspecting and implementing measures to urge, recover and handle tax debts arising in the Customs inspection process.
Lang Son Finance, Tax and Customs agencies needs to proactively capture information to develop the border gate economy

Lang Son Finance, Tax and Customs agencies needs to proactively capture information to develop the border gate economy

VCN - That was the direction of Deputy Minister of Finance Nguyen Duc Chi at a working session with leaders of the Provincial People's Committee and the Lang Son Departments of Finance, Tax, and Customs on March 19.
Why not reduce export tax on fertilizer products to 0%?

Why not reduce export tax on fertilizer products to 0%?

VCN - Carry out assigned tasks in Resolution No. 58/NQ-CP dated April 21, 2023, to promptly meet practical requirements, remove difficulties for production and business, and contribute to promoting the innovation of administrative procedures and preventin
Tax Industry actively supports during the peak month of tax settlement

Tax Industry actively supports during the peak month of tax settlement

VCN - According to direction of the General Department of Taxation, local Tax departments will gather arising problems of taxpayers to issue guidance documents, including the recommendation on errors that taxpayer have made in carrying out tax finalizatio
C.D.M.A Mobile Phone Center enforced to suspend customs procedures for overdue tax debts

C.D.M.A Mobile Phone Center enforced to suspend customs procedures for overdue tax debts

VCN - The decision, which has been in effect within one year since March 6, will be terminated when the center fully pays its tax debts.
Answering many questions for Korean businesses at 2024 tax and customs policy dialogue conference

Answering many questions for Korean businesses at 2024 tax and customs policy dialogue conference

VCN - At the Dialogue Conference with Korean businesses on tax and customs policies and administrative procedures in 2023-2024 organized by the Ministry of Finance on the afternoon of February 29, representatives of leaders of units under the Ministry Fin
Tax sector implements solutions on revenue management to achieve “dual goals”

Tax sector implements solutions on revenue management to achieve “dual goals”

VCN - 2023 is the year that the domestic economy faces many difficulties and challenges and is negatively impacted by the world economy, causing great pressure in the revenue collection of the Tax sector.
Urgently complete Decree on application of Global Minimum Tax inline with roadmap

Urgently complete Decree on application of Global Minimum Tax inline with roadmap

VCN - On November 29, 2023, the National Assembly approved Resolution No. 107/2023/QH15 on the application of additional corporate income tax under Global Anti-Base Erosion Rules. The Resolution takes effect from January 1, 2024, and is applied from fisca
Bulgaria Announces Merger of Customs and Revenue Agencies

Bulgaria Announces Merger of Customs and Revenue Agencies

The Bulgarian Ministry of Finance has unveiled plans to consolidate the National Revenue Agency and the Customs Agency into a single entity, marking a significant step towards streamlining financial operations in the country.
Urgently revising Decree 123 to create maximum convenience for taxpayers

Urgently revising Decree 123 to create maximum convenience for taxpayers

VCN - Faced with the urgent requirement of drafting a Decree amending and supplementing Decree 123 to soon submit it to competent authorities for approval, the General Department of Taxation is actively reviewing the draft Decree amending and supplementi
Proactively responding, carbon tax policy creates motivation for green transformation

Proactively responding, carbon tax policy creates motivation for green transformation

VCN - Under the Carbon Border Adjustment Mechanism (CBAM), the European Union (EU) will impose a carbon tax on imported goods based on the intensity of greenhouse gas emissions in the production process in the exporting country.
The Taxation continues to digitally transform comprehensively

The Taxation continues to digitally transform comprehensively

VCN - In 2023, the Taxation marks a big step forward in the process of digitally transforming in tax management.
Policy on imported goods for export processing without a processing facility

Policy on imported goods for export processing without a processing facility

VCN - The General Department of Customs has just instructed the Hanoi Customs Department to implement regulations on importing goods for export processing without a processing facility in Vietnamese territory.
166 HCM City- based enterprises owe more than VND3,100 billion in tax

166 HCM City- based enterprises owe more than VND3,100 billion in tax

VCN - Topping in the list as Xuyen Viet Oil Transport and Tourism Trading Company Limited (tax code 0303830539) has tax debt of VND1,529 billion.
Strengthening the management of imported and exported petroleum

Strengthening the management of imported and exported petroleum

VCN - The General Department of Customs requests local customs departments to only allow key petroleum traders and petroleum service traders to store imported, exported, temporarily imported, and re-exported petroleum at warehouses which are eligible for
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