tax

HCM City Customs refunds over VND 49 billion of VAT for foreign passengers

15:44 | 15/07/2024 Customs

VCN - In the first six months of the year, the department refunded VND49 billion of VAT to goods brought by 10,443 foreigners when exiting the country.

How does Asanzo Group Joint Stock Company evade taxes?

13:39 | 28/06/2024 Anti-Smuggling

VCN - The Police Investigation Department of Ho Chi Minh City Police has prosecuted Pham Van Tam, former Chairman of the Board of Directors of Asanzo Group Joint Stock Company and Pham Xuan Tinh (legal representative, former General Director of Asanzo Gro

Investigate a company showing signs of illegally invoice trading

10:09 | 23/06/2024 Import-Export

VCN - The company was established in May 2023 with the business line of constructing residential house, and charter capital of VND1.1 billion.

Extend deadline for paying Special Consumption Tax on domestically produced and assembled cars

07:49 | 22/06/2024 Regulations

VCN - The Decree stipulates that the payment deadline for the Special Consumption Tax for the Tax terms of May, June, July, August and September in 2024 for domestically produced and assembled cars.

Extend the deadline for paying taxes and land rent in 2024

13:45 | 21/06/2024 Regulations

VCN - For corporate income tax, extend the tax payment deadline for the temporarily paid corporate income tax amount of the second quarter of the 2024 corporate income tax period of enterprises and organizations subject to the extension.

Proposing to empower the Minister of Finance to regulate application of 0% VAT on export goods

10:00 | 20/06/2024 Finance

VCN- According to Minister of Finance Ho Duc Phoc, the draft Law on Value Added Tax (VAT) (revised) helps solve problems arising during the implementation of the VAT Law and meets international tax reform trends.

Ho Chi Minh City Customs has many initiatives and creativity to perform its tasks: Minister Ho Duc Phoc

14:40 | 18/06/2024 Customs

VCN - On June 14, Minister of Finance Ho Duc Phoc had a working session with the Ho Chi Minh City Customs Department. Also attending the meeting were Director General of the General Department of Taxation Mai Xuan Thanh; Deputy Director General of the Gen

HCM City Customs takes measures to increase state revenue

09:35 | 18/06/2024 Customs

VCN - At the working session with Minister of Finance Ho Duc Phoc on June 14, Director of HCM City Customs Department Nguyen Hoang Tuan shared reasons for the State revenue reduction. Accordingly, the revenue from CBU cars declines 51.78% year-on-year due

Developing State budget estimates for 2025: carefully taking factors increasing, decreasing and shifting revenues into account

14:07 | 15/06/2024 Finance

VCN - The Ministry of Finance is developing a circular guiding the development of state budget estimates for 2025 and the 3-year state budget and financial plan for the 2025-2027 period; 5-year financial plan for the 2026-2030 period.

Temporary postponement of exit - a tough measure to collect tax debt effectively

09:52 | 10/06/2024 Anti-Smuggling

VCN - Many businesses sluggishly pay tax debt regardless of various enforcement measures from the Customs agency. Only when the legal representative is suspended from leaving the country will the business pay taxes.

Total State revenue managed by Tax sector is estimated at VND767,415 billion

20:32 | 08/06/2024 Finance

VCN - On June 5, the General Department of Taxation held a meeting to evaluate task performance and deploying work plans in June chaired by Director General Mai Xuan Thanh.

Removing problems on settlement reports and archive for export processing enterprises

09:54 | 03/06/2024 Regulations

VCN - During the customs clearance process, issues such as management of raw materials, supplies or settlement reports are always of concern to export manufacturing and production and export processing enterprises. Hanoi Customs Department has answered ma

Tax debt tends to increase, the Finance sector recommends that localities take action

09:52 | 03/06/2024 Finance

VCN - In the context that budget collection in 2024 continues to face many difficulties and challenges, the Finance sector has been requesting localities and revenue agencies to implement many solutions to enhance prevention of revenue loss and promote co

Improve Tax law compliance by enhancing information collection and analysis

16:47 | 22/05/2024 Finance

VCN - Over the past time, the General Department of Taxation has implemented many methods for information collection such as collecting information from tax management data of Tax authority; gathering information under coordination regulations between Tax

Complete tax compliance management for business households and individuals

09:40 | 21/05/2024 Finance

VCN - Facing with the situation where there are still businesses hiding in the shadow of business households or business households with revenue of hundreds of billions of dong using many invoices to increase input costs, the General Department of Taxation said it would strengthen management to reduce fraud and tax evasion for individuals and business households.