taxation

Taxation body missing out on taxes from sharing-economy businesses

20:14 | 28/10/2020 Finance

Businesses following the sharing economy model are facing problems in tax declaration. Because of the lack of regulations, the taxation body may be taxing inaccurately or missing taxpayers.

Taxation sector’s budget revenue reaches more than VND752.6 trillion

09:51 | 10/09/2020 Finance

VCN - Difficulties caused by the Covid-19 pandemic have affected the taxation sector's revenue collection, meaning the domestic revenue in the first eight months of the year reached only 60% of the estimate.

Taxation sector fulfils 60 percent of tax collection estimate

20:02 | 06/09/2020 Finance

The taxation sector has collected over 752.6 trillion VND (32.45 billion USD) for the State budget, equivalent to 60 percent of the yearly estimate and 91.9 percent of the figure of the same period last year, the General Department of Taxation reported.

General Department of Taxation reduces 50% registration fees for domestically manufactured cars

20:41 | 29/06/2020 Finance

VCN - The General Department of Taxation has recently sent a dispatch to tax departments nationwide on the application of the new registration fee rates for domestically manufactured and assembled cars till the end of December 31, 2020.

Considering exemption of regular tax inspections for businesses affected by Covid-19

08:14 | 02/04/2020 Finance

VCN - The General Department of Taxation has requested considering the exemption of regular inspections in 2020 for businesses showing no signs of violations and affected by the Covid-19 pandemic.

General Department of Taxation finishes arrangement and establishment of regional tax branches

17:54 | 27/02/2020 Finance

VCN – On the morning of February 26, the General Department of Taxation organized a conference to announce the completion of the plan on establishing regional tax branches in 63 provincial and municipal tax departments.

General Department of Taxation to prevent harassment of taxpayers

18:08 | 15/10/2019 Finance

VCN - The Director of the General Department of Taxation requests provincial and municipal tax departments to strengthen prevention and handling of harassment towards people and businesses.

Focus on inspecting businesses with high tax risks

10:09 | 07/08/2019 Finance

VCN - In recent years, the Taxation branch has achieved positive results in the inspection, examination and strengthening of the efficiency of state budget collection.

WB, Japan help Vietnam improve taxation management

14:39 | 03/08/2019 Finance

The World Bank WB and the State Bank of Vietnam on August 2 signed an agreement worth 4 2 million USD in non refundable aid provided by the Japanese government to launch a taxation system modernisation project in Vietnam

Fifty-five local taxation departments see revenues increase

17:50 | 25/07/2019 Finance

VCN - In the first six months of the year, the tax sector recorded VND 597,786 billion in revenue, equaling 51.2% of the target, up 12.5% over the same period last year.

E-commerce tax administration: Taxation cannot stand alone

10:20 | 19/05/2019 Finance

VCN - From the actual implementation of Law on Tax Administration in Hanoi city, many experts have made recommendations around the content of e-commerce tax administration.

Need for close coordination to favor proper taxation for import and export goods to implement the CPTPP agreement

18:22 | 15/05/2019 Import-Export

The Ministry of Finance has completed and submitted to the Government a draft of the Special Export Tariff and Preferential Tariff Schedule to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Reform activities have been deployed drastically but not synchronously

09:55 | 05/05/2019 Customs

VCN – Customs and Taxation are highly appreciated by enterprises for reform.

The Taxation discovered more than 14,000 accounts engaged in e-commerce

09:49 | 14/08/2018 Finance

VCN - The story of tax administration for e-commerce (EC) is hot in recent times with two cases of which tax arrears collected by Ho Chi Minh City Tax Department was up to billions due to revenues from social networking websites such as Facebook, Go

The HCMC Taxation Department modernizes its revenue collection

09:59 | 12/07/2018 Finance

VCN- In order to manage and support well the taxation for over 220,000 enterprises operating in Ho Chi Minh City, the Tax Department of Ho Chi Minh City has implemented many modern applications in the budget collection.