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VAT increase

VAT increase related news update

Bộ trưởng Tài chính: Không tăng thuế VAT, nghiên cứu thêm thuế tài sản

Finance Minister: No VAT increase, further study on property tax

The leaders of the Ministry of Finance affirmed that taxes will be studied in the direction of expanding the subjects, tax bases and reasonable tax rates.

VAT increase: Millions of people affected, Ministry of Finance "takes a step back"

The Ministry of Finance has proposed to increase VAT from 10% to 12% effective from January 1, 2019. Concerned that the tax increase will strongly affect all investment - production and circulation, and ultimately millions of people will be affected, many ministries, branches, associations and localities disagree. However, the Ministry of Finance is still determined to increase VAT and only "takes a small step back".
VAT increase: Who will suffer?

The proposal to increase VAT from 10% to 12% could cause difficulties for the poor, and lead to price fever and increased inflation...

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