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Liquor industry wants tax increase delayed

Liquor industry wants tax increase delayed

Liquor companies want the proposed increase in special consumption tax put off until they recover from the effects of the Covid-19 pandemic.
Government rejects airlines' demand for further tax cuts

Government rejects airlines' demand for further tax cuts

The Ministry of Finance has turned down airlines’ requests for further tax breaks, saying they have received enough support from the government.
April 30, 2022 | 05:11 pm PT
Bidens report $600k in 2021 income

Bidens report $600k in 2021 income

U.S. President Joe Biden who pledged transparency around his personal finances while in office and his wife Jill Biden reported a bit more than $600,000 on their federal tax returns for 2021, the White House said Friday.
April 15, 2022 | 05:54 pm PT
Vietnam launches website to tax foreign tech giants

Vietnam launches website to tax foreign tech giants

The tax department has set up a website for collecting tax from foreign companies to make it easier for tech giants like Facebook and Google to fulfill their duties.
March 21, 2022 | 08:15 pm PT
Vietravel Airlines wants more tax breaks as fuel prices surge

Vietravel Airlines wants more tax breaks as fuel prices surge

Vietravel Airlines has called for scrapping the jet fuel import tax and cutting the environment tax further amid rising fuel prices days after Vietnam Airlines made a similar demand.
March 18, 2022 | 12:10 am PT
Vietnam taxed tech giants $218 mln in four years: minister

Vietnam taxed tech giants $218 mln in four years: minister

Vietnam taxed cross-border platforms like Google and Facebook some VND5 trillion ($218.53 million) in 2018-2021, Finance Minister Ho Duc Phoc informed lawmakers Wednesday.
March 16, 2022 | 05:12 am PT
Thuduc House chairman quits within one month of taking over

Thuduc House chairman quits within one month of taking over

Lu Minh Son, the interim chairman of HCMC-based housing developer Thuduc House, is set to quit after just a month at the helm.
March 14, 2022 | 09:40 pm PT
Government to seek house approval for gasoline tax cut

Government to seek house approval for gasoline tax cut

The government plans to seek lawmakers’ approval Monday to cut the environment tax on gasoline by half amid the surging prices.
March 13, 2022 | 08:04 pm PT
Trade ministry wants 50 pct cut in environment tax on gasoline

Trade ministry wants 50 pct cut in environment tax on gasoline

The Ministry of Industry and Trade has called for a 50 percent cut in environment tax on gasoline, double the rate proposed earlier by the Ministry of Finance.
March 9, 2022 | 10:46 pm PT
Proposed new property tax divides opinions

Proposed new property tax divides opinions

A new property tax that authorities are considering to prevent land speculation has evoked a mixed response with developers opposing it, saying the market could be negatively impacted.
March 6, 2022 | 09:29 pm PT
Finance ministry mulls cutting environment tax on gasoline by a fourth

Finance ministry mulls cutting environment tax on gasoline by a fourth

The Ministry of Finance is considering lowering the environmental tax on gasoline by 25 percent for the rest of this year to reduce fuel prices.
March 3, 2022 | 11:38 pm PT
Cuba slaps new tax on food sales as economic woes hit hard

Cuba slaps new tax on food sales as economic woes hit hard

Cuba on Saturday announced a new 10 percent tax on retail food sales, as the country endures economic woes marked by rampant inflation.
February 5, 2022 | 05:21 pm PT
Landlords with annual income under $4,300 not subject to tax

Landlords with annual income under $4,300 not subject to tax

Landlords earning less than VND100 million ($4,332) a year do not need to pay value-added or personal income tax, according to a new circular by the Ministry of Finance.
December 6, 2021 | 08:00 pm PT
Finance ministry eyes 50 pct cut in jet fuel tax

Finance ministry eyes 50 pct cut in jet fuel tax

The Ministry of Finance plans to halve tax on jet fuel for the whole of next year to help the Covid-19-stricken aviation industry recover.
November 25, 2021 | 09:56 pm PT
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