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.
Vietnam’s ease of paying taxes improves: World Bank

Vietnam’s ease of paying taxes improves: World Bank

Thanks to the Government efforts to simplify tax compliance processes Vietnam ranked 109th out of 190 countries and territories on ease of paying taxes in the World Bank Doing Business 2020 report DB2020 up 22 places from the previous report
HCMC: Many taxes saw the lowest growth in three years

HCMC: Many taxes saw the lowest growth in three years

VCN - Many taxes contributing main revenues to the budget have increased but saw the lowest growth in the lasy three years.
Numerous real estate companies owing in taxes and fees

Numerous real estate companies owing in taxes and fees

The Hanoi Department of Taxation has just announced that hundreds of real estate companies owe a total of VND1.126 trillion ($48.9 million) in tax, administrative fees, and other land-related sums.
US continues to impose anti-dumping taxes on Vietnamese wind turbines

US continues to impose anti-dumping taxes on Vietnamese wind turbines

The United States International Trade Commission (USITC) has announced its final conclusion of its sunset reviews concerning anti-dumping to utility scale wind towers imported from Vietnam, according to the Ministry of Industry and Trade (MoIT).
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