Reporting to the National Assembly for considering VAT reduction in the second half of 2024

Reporting to the National Assembly for considering VAT reduction in the second half of 2024

The Government assigned the Ministry of Finance to summarize and evaluate the results of reducing VAT rates to report to National Assembly for consideration and allowing to implementing in the second half of 2024.
VAT proposed to reduce in the first half of 2024

VAT proposed to reduce in the first half of 2024

VCN - According to the Ministry of Finance Covid-19 pandemic has hit hard all aspects of life, economy and society. In the period 2020-2023, the Government has provided big supportive policies.
Customs guides to urgently implement policy of VAT reduction

Customs guides to urgently implement policy of VAT reduction

VCN - To implement Decree 44/2023/ND-CP of the Government stipulating the policy on VAT reduction according to Resolution No. 101/2023/QH15 dated June 24, 2023 of the National Assembly, the General Department of Customs guides the local Customs Department
Government agrees with MoF’s proposal on 2% VAT reduction

Government agrees with MoF’s proposal on 2% VAT reduction

VCN - On April 17, the Government Office sent a dispatch to the Minister of Finance on the plan to reduce taxes, fees and charges for 2023.
MoF proposes to reduce by 2% VAT rate in 2023

MoF proposes to reduce by 2% VAT rate in 2023

VCN- The option 1, the Ministry proposes to reduce the 2% VAT rate for goods and services subject to a 10% tax rate to 8%.
The Government remove obstacles in the implementation of VAT reduction by 8%

The Government remove obstacles in the implementation of VAT reduction by 8%

The Government has just issued Decree 41/2022/NĐ-CP amending and supplementing a number of articles in order to remove obstacles in the implementation of VAT reduction by 8%.
Steel cable products are not entitled to VAT reduction

Steel cable products are not entitled to VAT reduction

VCN – Facing the proposal for guidance from Rita Vietnam Industry JSC regarding value-added tax (VAT) policy for imported goods under Decree 15/2022/ND-CP, the General Department of Customs said, based on current regulations, steel cable products are not
Inflation will increase but not too much

Inflation will increase but not too much

This is the affirmation of Nguyen Ba Khang, Deputy Director of the National Financial Supervisory Information Center under the National Financial Supervisory Commission
Reducing VAT: consumers and enterprises benefit

Reducing VAT: consumers and enterprises benefit

After more than a month since the application of Decree 15/2022/ND-CP of the Government on reducing value-added tax (VAT), people and businesses have given positive feedback about this reduction.
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.
Strictly handling cases of not reducing VAT

Strictly handling cases of not reducing VAT

Tax sector will coordinate with competent forces to strictly handle cases of not reducing VAT in accordance with Decree 15/2022/NĐ-CP.
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