There have been many policies on tax exemptions and deductions to support people and businesses

There have been many policies on tax exemptions and deductions to support people and businesses

VCN - Before these recommendations, the Ministry of Finance informed voters about solutions to support taxes, fees, and land rent for people and businesses affected by the Covid-19 pandemic.
Tax exemption and reduction for petroleum need careful review

Tax exemption and reduction for petroleum need careful review

VCN – According to Assoc. Prof. Dr. Dinh Trong Thinh, Senior Lecturer at Academy of Finance, the tax exemption and reduction for petroleum needs reviewing carefully to ensure social justice as well as state budget revenues.
Hanoi Tax Department gives instructions on tax exemption and tax reduction

Hanoi Tax Department gives instructions on tax exemption and tax reduction

Hanoi Tax Department has given instructions to taxpayers about tax exemption and tax reduction policies as stipulated in Decree No.15/2022/NĐ-CP.
Hanoi Tax Department guides tax exemption and reduction policies

Hanoi Tax Department guides tax exemption and reduction policies

VCN- Hanoi Tax Department has just instructed taxpayers on tax exemption and reduction policies specified in Decree 15/2022/ND-CP.
Tax exemptions for re-imported goods - As long as you have the paperwork

Tax exemptions for re-imported goods - As long as you have the paperwork

Customs authority will not collect tax on re-imported goods if customs declarants submit a complete set of tax exemption dossiers at the time of carrying out re-import procedures.
What conditions are exempt from import duty on goods for export production?

What conditions are exempt from import duty on goods for export production?

General Department of Vietnam Customs gave an answer to a question from the Tobacco Import-Export Company regarding tax exemption for imported raw materials for the production of export goods
Businesses look forward to Government’s direct support

Businesses look forward to Government’s direct support

Ho Chi Minh City businesses want to receive the Government’s support through tax reduction, tax relief and loan interest support
Completing draft decree on implementing tax exemption and reduction package worth more than VND21 trillion

Completing draft decree on implementing tax exemption and reduction package worth more than VND21 trillion

VCN - During the last period of 2021, the Government continued to extend the deadline for paying taxes, land rent as well as exempt and reduce taxes, fees and charges and rental with an estimated amount VND118 trillion.
Focusing on perfecting financial institutions - State budget

Focusing on perfecting financial institutions - State budget

Improving financial institutions - State budget is an important task that is of concern by the Ministry of Finance in recent years
Tax exemption and reduction policies are necessary for businesses at this time

Tax exemption and reduction policies are necessary for businesses at this time

It needs to have close support from tax authorities so that people and businesses could approach support policies in any circumstances.
The Ministry of Finance collecting opinions to ensure the promulgation of resolution on tax support in time

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

A representatives of leaders of the Ministry of Finance said that they are collecting opinions to promptly finalise tax support policies.
Implement tax exemption procedures for goods subject to be notified of duty-free list

Implement tax exemption procedures for goods subject to be notified of duty-free list

VCN- Accordingly, the duty-free list will be notified via the VNACCS system. If the system contains an error, the original duty-free list will be required.
Clarify the procedure on tax exemption and refunds in the case of entrusted import for business

Clarify the procedure on tax exemption and refunds in the case of entrusted import for business

To facilitate for businesss' operations, the General Department of Vietnam Customs has removed obstacles in implementing tax exemption and tax refund procedures in the case of entrusted imports
Developing detailed plan, striving to accomplish targets of revenue collection in 2021

Developing detailed plan, striving to accomplish targets of revenue collection in 2021

The online conference in the customs sector is held that aimed to thoroughly grasp directives relating to revenue collection and customs inspection and supervision.
Will banks be sanctioned for liquidating collateral subject to tax exemption?

Will banks be sanctioned for liquidating collateral subject to tax exemption?

VCN - When banks liquidate collateral as raw materials for export without notifying the customs authority, will the enterprise or banks be sanctioned for administrative sanctions and pay tax?
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