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Income tax refunds mired in red tape

Income tax refunds mired in red tape

The procedures for claiming a tax refund is too complicated for many taxpayers, so much so that some prefer to forgo the money altogether to avoid the hassles.

Tax cut to businesses of little use since most are losing: experts

Tax cut to businesses of little use since most are losing: experts

Providing a 30 percent income tax cut to all businesses regardless of scale will not be of much benefit since most are making losses, analysts warn.

Vietnam extends budget deficit to $3 billion from Jan-May

Vietnam extends budget deficit to $3 billion from Jan-May

Vietnam ran a budget deficit of VND66.4 trillion ($2.96 billion) in the first five months of this year, according to the General Statistics Office.

May 30, 2016 | 04:08 am PT

Tax authorities set eyes on “Flappy Bird” creator’s bank account

Tax authorities set eyes on “Flappy Bird” creator’s bank account

Hanoi tax authorities are seeking to collect more taxes from Nguyen Ha Dong, developer of world phenomenon Flappy Bird, said Nguyen Quang Tien, deputy director of the department of taxation reform under the General Taxation Department.

April 14, 2016 | 02:09 am PT

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