Ho Chi Minh City Customs: Focusing on solutions to collect state budget in the last months of the year

Ho Chi Minh City Customs: Focusing on solutions to collect state budget in the last months of the year

VCN - State budget revenue has increased in recent months, but there are still many difficulties in revenue sources. Ho Chi Minh City Customs Department is focusing on solutions to collect budget in the last months of the year.
Information on the proposal to remove the VAT exemption for low-value goods

Information on the proposal to remove the VAT exemption for low-value goods

it is known that recently some countries have begun to research and implement VAT collection for low-value goods.
Minister of Finance: continue to advise on promulgating fiscal policies to help economy recover and develop

Minister of Finance: continue to advise on promulgating fiscal policies to help economy recover and develop

VCN - According to Minister of Finance Ho Duc Phoc, although implementing policies to reduce and extend taxes and fees will impact budget revenue, the Ministry has reviewed, evaluated and continued to promulgate a number of fiscal policies to support peop
"Creativity in revenue collection to achieve set goals in difficult contexts"

"Creativity in revenue collection to achieve set goals in difficult contexts"

The Ministry of Finance held an online briefing conference to evaluate the implementation of financial, budget and revenue collection work in April and deploy the work program for May 2024
37 foreign suppliers pay over VND3,100 billion in taxes

37 foreign suppliers pay over VND3,100 billion in taxes

VCN - According to the report of the General Department of Taxation, currently 37 foreign suppliers have declared and paid taxes via the Portal for foreign suppliers.
Two companies’ owners suspended from exit for owning tax debts

Two companies’ owners suspended from exit for owning tax debts

VCN - The suspension will last until these companies fully pay their tax arrears.
Company enforced to suspend customs procedures for tax evasion

Company enforced to suspend customs procedures for tax evasion

VCN - The decision, which has been in effect since August 24, will be terminated until the company fully pays its tax arrears.
Strictly control imported and temporarily imported cars and motorcycles for non-commercial purposes

Strictly control imported and temporarily imported cars and motorcycles for non-commercial purposes

VCN - The country’s top tax regulator has also asked the tax departments to assign a focal point at local tax departments to coordinate with customs authorities for handling in a timely fashion.
26 organizations pay tax via Portal for foreign suppliers

26 organizations pay tax via Portal for foreign suppliers

VCN - As a result, in the three months since the launch of the Portal on March 21, 26 major foreign suppliers (Microsoft, Facebook, Netflix; Samsung; TikTok; eBay ...) have registered for tax, declared tax and paid taxes worth about US$20 million.
Deputy Minister of Finance: follow the situation to adjust taxes and reduce gasoline prices

Deputy Minister of Finance: follow the situation to adjust taxes and reduce gasoline prices

VCN - Responding to the press at the Government press conference on the evening of August 3, Deputy Minister of Finance Vo Thanh Hung said that the Ministry has reported to the competent authorities to adjust taxes and fees related to petroleum to remove
Ministry of Finance: find solutions to stabilize supply to reduce petrol and oil prices

Ministry of Finance: find solutions to stabilize supply to reduce petrol and oil prices

VCN - Questions related to petrol prices and proposals on reducing taxes on petrol and oil were answered by the Minister of Finance Ho Duc Phoc to the National Assembly deputies during a question-and-answer session of the Minister of Finance on the mornin
Supportive policies on taxes are timely "lifebuoy"

Supportive policies on taxes are timely "lifebuoy"

VCN –Talking with Customs Newspaper, Mr. To Hoai Nam, Vice President and General Secretary of the Vietnam Association of Small and Medium Enterprises, said supportive policies have touched upon what enterprises really need in the current context.
Ministry proposes cutting taxes for transport firms

Ministry proposes cutting taxes for transport firms

The Ministry of Transport has proposed the Government assign the Ministry of Finance to consider reducing several taxes for transport businesses affected by COVID 19
Man fined more than S$1.3m for evading taxes on vehicle imports

Man fined more than S$1.3m for evading taxes on vehicle imports

A man has been fined more than S$1.3 million for his part in evading taxes amounting to more than S$316,000 for 195 imported motor vehicles.
Which taxes required for declaration

Which taxes required for declaration

VCN - In the draft decree detailing a number of articles of the Law on Tax Administration No. 38, the Ministry of Finance has specified provisions on tax declaration and calculation.
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