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Updated news related to Value Added
Can I sell land if I owe business taxes?
Previously, I opened a restaurant and food service business. Two years later, I stopped doing business and notified the Tax Authority directly managing the area. Now, I signed a transfer contract to sell a plot of land. However, I have just received a notice from the competent authority to process my registration of changes with the content: still owing personal income tax and value added tax from the business activities of the business household that I opened before.
Law
Many important policies and laws take effect from July 1, 2025
From July 1, 2025, many important policies and laws will come into effect related to insurance, taxes, invoices, documents, etc.
The Government proposed to extend the implementation period of the 2% reduction in value added tax.
The Government proposed to expand the subjects of application and extend the implementation period of the policy of reducing value-added tax rate by 2% to institutionalize the socio-economic development goal by 2025.
How to declare value added tax for multiple investment projects at the same time, in different localities
How should an operating taxpayer who is subject to VAT payment under the deduction method have many investment projects eligible for VAT refund and these projects are located in the same province or in a different province than the taxpayer's head office?
The National Assembly passed three laws on notarization, planning and tax.
On November 26, the National Assembly voted to pass three draft laws, including: Law on Notarization (amended); Law on Urban and Rural Planning; Law on Value Added Tax (amended).
Nghe An: Highlights on October 29
The 15th National Assembly held discussions in the hall; China stopped purchasing, areca nut prices in many places 'plummeted'; The situation of re-encroachment on traffic safety corridors is still happening in many localities... are the information posted on baonghean.vn today.
The National Assembly discussed the results of thematic supervision on real estate market management and value added tax.
During the second working week of the 8th Session (from October 28 to November 1), the National Assembly discussed many important issues such as the results of thematic supervision on real estate market management; the amended Law on Value Added Tax; and the establishment of Hue City under the Central Government.
The Provincial National Assembly Delegation gave comments on draft laws.
September 27, 2024 16:44
On the afternoon of September 27, the Provincial National Assembly Delegation held a conference to contribute comments on the draft Law on Value Added Tax (amended) and the Law on Special Consumption Tax (amended).
Female tycoon swindles bank loan of 23 billion VND
May 22, 2024 06:27
The female tycoon forged some documents to fraudulently borrow 23 billion VND from Lien Viet Post Joint Stock Commercial Bank and has now fled.
Attracting investment in large projects with spillover effects and high added value
March 10, 2024 08:00
(Baonghean.vn) - The Provincial People's Committee requires that investment, trade and tourism promotion activities must be organized safely, effectively, with focus and key points in diverse and flexible forms.
Nghe An Province Customs collected more than 1,267 billion VND for the state budget.
December 28, 2023 10:19
(Baonghean.vn) - Thanks to the synchronous implementation of professional solutions, creating favorable conditions for trade and investment activities in the area, increasing import-export turnover, and increasing budget revenue, by December 28, Nghe An Provincial Customs achieved a state budget revenue of 101.39% of the legal target.
The Government submitted to the National Assembly permission to reduce 2% value added tax in the first 6 months of 2024
November 20, 2023 17:44
(Baonghean.vn) - On the afternoon of November 20, the National Assembly discussed the draft Resolution on reducing value added tax (VAT).
Removing obstacles in value added tax refund
November 16, 2023 15:37
(Baonghean.vn) - Recently, the tax refund work has been strongly directed by the National Assembly and the Government. However, there are still difficulties that need to be resolved.
How to declare additional value added tax documents for imported and exported goods?
November 6, 2023 08:03
(Baonghean.vn) - Nghe An Tax Department has received a letter from Nghe An Import-Export Joint Stock Company asking about additional declaration of value added tax (VAT) for imported and exported goods.
Proposing the National Assembly to reduce value added tax in May
May 3, 2023 16:01
The Government has just proposed to draft a National Assembly resolution on reducing value-added tax (VAT) from 10% to 8% to support businesses and people to overcome difficulties.
Outstanding economic policies taking effect from April
April 1, 2023 15:09
From April 2023, a number of economic policies such as regulations on housing guarantees; guidance on value-added tax refunds for conditional business lines... will take effect.
Nghe An: Textile and garment industry's added value is low due to lack of supporting industry
November 15, 2022 10:32
(Baonghean.vn) - Textile and garment is one of the sectors with large export turnover of Nghe An. The whole province has more than 60 factories in operation, the province's textile and garment products are present in about 20 countries and territories around the world. However, the absolute value of Nghe An's textile and garment industry is low for many different reasons.
Searching for the leader of the 13 billion VND fraud group
November 14, 2022 06:15
This group of people committed fraud against many businesses by buying and selling invoices to appropriate nearly 13 billion VND. The leader then fled.
Preventing tax losses: Lesson 3 - Profiteering from invoice trading
June 4, 2022 06:52
(Baonghean.vn) - Grasping the payment needs of many individuals, units, and subjects, including some taxpayers, have used many tricks to trade value-added invoices, causing significant tax losses to the State budget.
Proposal to postpone tax payment deadline for businesses and business households
March 26, 2022 09:44
The Ministry of Finance has just completed draft Decrees to postpone the payment of many important taxes and land rents for businesses, households and individuals.
Some localities propose a mechanism to regulate revenue from resource tax fees.
November 20, 2021 08:34
(Baonghean.vn) - Recently, voters of Con Cuong, Tuong Duong, and Que Phong districts proposed that there should be a reasonable regulation mechanism from tax revenue and environmental resource fees of hydropower companies to districts and communes where hydropower projects are located.
Draft Decree on Value Added Tax: Inadequacies that need to be adjusted and amended
November 17, 2021 15:15
(Baonghean.vn) - Currently, the Ministry of Finance is drafting a Decree detailing and guiding the implementation of a number of articles of the Law on Value Added Tax (VAT), replacing a number of related Decrees that have also amended and supplemented regulations on VAT refunds for investment projects; amending wording to ensure transparency and consistency with regulations in the Law on Value Added Tax, Law on Tax Administration, Law on Export Tax, etc.
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