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income tax
Income Tax Updates
National Assembly Delegate of Nghe An: Should not 'equalize' the family deduction level
At the discussion session on the draft Law on Personal Income Tax (amended), delegate Thai Thi An Chung - Deputy Head of the National Assembly Delegation of Nghe An proposed the regulation of family deduction...
Current events
New points of the Corporate Income Tax Law 2025
The Law on Corporate Income Tax (CIT) 2025 was passed by the 15th National Assembly and will take effect from October 1, 2025. Compared to the previous Law, this new Law has adjusted a number of provisions,...
Increasing family deductions: A sensible move in a time of rising prices
After many petitions from workers, the adjustment to increase the personal income tax family deduction has been officially approved by the National Assembly. Accordingly, from 2026, the deduction for...
3 income sources are exempt from personal income tax from October 2025
Income from scientific and technological activities will be exempt from personal income tax.
New policy takes effect from October 2025
From October 2025, a series of important policies related to taxes, loan interest rates, education, health care, etc. will officially take effect. These new regulations have a direct impact on businesses...
Calculating personal income tax: Ministry of Finance proposes to increase family deduction to 15.5 million/month
Although there is a proposal to adjust the family deduction for taxpayers to 20 million VND/month, the Ministry of Finance has proposed to increase it to 15.5 million VND/month when calculating taxes...
Amending personal income tax: Need to add reasonable option 3 to be closer to reality
The Ministry of Finance is studying to amend the personal income tax (PIT) table by reducing the number of tax brackets from 7 to 5 and widening the income gap between brackets. The goal is to ensure...
Can I sell land if I owe business taxes?
August 7, 2025 10:26
Previously, I opened a restaurant and food service business. Two years later, I stopped the business and notified the Tax Department directly managing the area. Now I have signed a contract...
5 amounts of money transferred into personal accounts are subject to personal income tax
July 2, 2025 18:09
From July 1, 2025, people need to clearly understand that 5 types of income transferred into personal accounts are subject to personal income tax (PIT).
Transfers that are not taxed
July 1, 2025 08:54
Many people and businesses have expressed concerns about whether all money transfers, including money received from relatives, friends or work, will be taxed. Below are the cases...
From July 1, 2025, the citizen identification number will be the personal income tax code.
June 23, 2025 09:20
From July 1, 2025, an important shift in the field of tax management will be officially implemented: the 12-digit citizen identification number (CCCD) will completely replace the personal tax code...
What income is taxed?
June 18, 2025 11:19
What income will be taxed?. A matter of concern for Ms. Le Thi Anh (Con Cuong, Nghe An).
From July 1, 2025, use personal identification numbers instead of tax codes
June 4, 2025 16:00
According to information from the Tax Department of Region X, from July 1, 2025, personal identification numbers will be used instead of tax codes of households, business households, individual businesses, and individuals.
The National Assembly discussed the Draft Law on Corporate Income Tax (amended)
May 12, 2025 13:45
On the morning of May 12, the National Assembly discussed the Draft Law on Corporate Income Tax (amended), in which many tax incentives were adjusted to encourage investment and promote innovation...
President Trump says tariffs could replace income tax
April 16, 2025 11:05
The US President asserted that his trade policy could generate billions of dollars in revenue.
Online personal income tax refund with results in just 3 days
February 18, 2025 10:45
Personal Income Tax refund in just 3 days is the content stated in the decision of the General Department of Taxation on the automatic personal income tax refund process.
Is charity money counted as an expense deductible from personal income tax?
September 19, 2024 09:25
Nghe An Tax Department received documents from a number of businesses asking whether charity money can be deducted from tax. Nghe An Tax Department responded as follows:
Family deduction: The 'first' problem
September 5, 2024 09:40
Recently, besides the joy of getting a basic salary increase, many people shared their concerns about the salary increase but the family deduction level is still low, making the actual amount received not as...
Minister of Finance Ho Duc Phoc: Will amend the Law on Personal Income Tax in 2025
March 18, 2024 11:21
(Baonghean.vn) - This is the information given by Minister of Finance Ho Duc Phoc when answering questions from National Assembly deputies at the question and answer session held by the National Assembly Standing Committee...
How many years will workers evade personal income tax go to prison?
January 3, 2024 13:52
(Baonghean.vn) - I was accused of personal income tax evasion. So what is the maximum number of years in prison for personal income tax evasion?. The concern of Ms. Nguyen Thuy H. (Suspect...
Issue a Resolution on applying global minimum tax
December 21, 2023 16:48
National Assembly Chairman Vuong Dinh Hue has just signed and issued Resolution No. 107/2023/QH15 on applying additional corporate income tax according to regulations against global tax base erosion.
Personal income tax reduced for the first time in 10 years, still collecting over hundreds of thousands of billions
November 20, 2023 10:20
This is the first year in the past 10 years that personal income tax revenue has grown negatively in three quarters of the year. However, personal income tax is still a large part of total budget revenue.
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