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value added tax
Updated news related to value added tax
Can I sell land if I owe business taxes?
Previously, I opened a restaurant and catering business. Two years later, I stopped doing business and notified the Tax Authority directly managing the area. Now, I have 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: I still owe 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 proposes to extend the implementation period of the 2% value added tax reduction.
The Government proposed to expand the scope 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 does a taxpayer who is operating and 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 different provinces from where the taxpayer has its head office?
National Assembly passes 3 laws on notarization, planning and tax
On November 26, the National Assembly voted to pass three draft laws, including: Notary Law (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.
Provincial National Assembly Delegation gives comments on draft Laws
DNUM_CHZAJZCACE 16:44
On the afternoon of September 27, the Provincial National Assembly Delegation held a conference to contribute comments to the draft Law on Value Added Tax (amended) and the Law on Special Consumption Tax (amended).
Nghe An Province Customs collects more than 1,267 billion VND for the state budget
DNUM_CIZBCZCACD 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
DNUM_CAZBBZCACD 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
DNUM_BGZBBZCACD 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?
DNUM_AGZBBZCACD 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
DNUM_ADZAFZCACD 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 take effect from April
DNUM_ABZAEZCACD 15:09
From April 2023, a number of economic policies such as regulations on housing guarantees; instructions on value-added tax refunds for conditional business lines... will come into effect.
Proposal to postpone tax payment deadline for businesses and business households
DNUM_CGZADZCACC 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.
DNUM_CAZBBZCACB 08:34
(Baonghean.vn) - Recently, voters of Con Cuong, Tuong Duong, and Que Phong districts proposed that there should be a reasonable mechanism for regulating tax revenue and environmental resource fees from hydropower companies for districts and communes where hydropower projects are located.
Draft Decree on Value Added Tax: Inadequacies that need to be adjusted and amended
DNUM_BHZBBZCACB 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.
Continue to extend tax and land rent payment deadline in 2021
DNUM_CAZAEZCACB 10:11
For the third time, the Government has decided to extend the deadline for paying taxes and land rents for businesses and organizations facing difficulties due to the epidemic.
Nghe An's tax debt decreased by 507 billion VND compared to the same period.
DNUM_BJZAEZCACB 12:52
(Baonghean.vn) - According to the report of Nghe An Tax Department, as of March 31, 2021, Nghe An's tax debt was 928 billion VND, a decrease of 507 billion compared to the same period last year (in 2020 it was 1,435 billion VND).
Government considers reducing a series of taxes and fees due to Covid-19
DNUM_CBZAEZCACA 06:48
Instead of just having tax deferrals, businesses and people facing difficulties due to Covid-19 can have environmental tax, corporate income tax, VAT, registration fees reduced...
Tax filing time reduced by 114 hours
DNUM_CGZBAZCABJ 06:28
Of which, 94 hours were reduced due to reform and simplification of VAT declaration procedures, and 20 hours were reduced related to corporate income tax payment and settlement.
Proposal to reduce special consumption tax on domestic cars
DNUM_BFZACZCABJ 15:57
The determination of new tax prices is said to encourage assembly production and increase the localization rate of domestic automobiles. However, this proposal has also received many opposing opinions.
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