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Search Results: 73 results for keyword "VAT law".
VAT refund still unreachable to many foreigners
09-08-2012 15:09
Only some 61 foreigners have received their value-added tax (VAT) refunds at Ho Chi Minh City’s Tan Son Nhat Airport as of August 6, 2012, said the airport customs agency.
Lawmakers study VAT implications
05-07-2024 10:53
Some have argued that the National Assembly should increase the existing common VAT rate to swell the state budget, but many enterprises are suffering from lingering difficulties
Exporters being stifled by VAT tweaks
02-08-2023 14:00
The constant changes of requirements for verification of records and invoices are being called too challenging for exporters, with businesses complaining that VAT refund procedures are becoming more baffling.
Cambodia imposes VAT on cigarettes
03-08-2023 15:05
The Cambodian Government has implemented a value-added tax (VAT) on cigarettes to combat the health risks associated with smoking and tobacco products.
Rise in consumption likely with VAT accord
08-12-2023 11:00
The National Assembly has extended the current VAT rate until the middle of next year as part of the country’s efforts to assist its enterprises and stimulate consumption.
VAT reduction should be maintained in 2023: VCCI
25-11-2022 15:03
The Vietnam Chamber of Commerce and Industry has said that a 2 per cent decrease in VAT should be sustained through next year.
VAT reduction: impacts and problems in implementation
28-02-2022 10:54
Vietnam’s Government slashed the value-added tax (VAT) rate from 10 to 8 percent earlier this month – a move that cost the State budget 49.4 trillion VND (2.2 billion USD) but, along with other support, is expected to help boost the pandemic-hit economy.
Saudi, UAE introduce VAT in first for Gulf
02-01-2018 14:47
DUBAI: Saudi Arabia and the United Arab Emirates introduced value-added tax from on Monday (Jan 1), a first for the Gulf which has long prided itself on its tax-free, cradle-to-grave welfare system.
VAT refund process needs simplifying: experts
08-12-2017 14:43
Experts have urged simplifying the procedures to receive refunds on value-added tax (VAT) for foreign tourists.
Proposed VAT on land transfer under fire
17-10-2017 09:19
The Ministry of Finance’s proposal to impose 10 per cent value added tax (VAT) on the transfer of land use rights has met with objections, as it might increase land prices.
Local companies cry foul over VAT
24-11-2003 18:16
Vietnamese companies have expressed rage over the draft guidelines on the value added tax (VAT) on services and commodities for export.
Exclusionary VAT regulations trouble SMEs
04-08-2014 17:00
A circular (219/2013) that took effect on January 1 this year guiding the implementation of the Law on Value-added Tax (VAT) is causing a number of inconveniences for firms, particularly small-sized businesses, said lawyer Vu Xuan Tien, chairman of Value of Finance and Management Consulting Company.
Lower VAT urged for key exports
17-02-2014 09:01
Reduction of the value added tax for agro-forestry-fishery products should be made to help producers and exporters cope with low market demand and financial difficulties, recommended the Agro-Forestry Processing and Salt Industry Department.
Coffee makers seek to scrap VAT
25-09-2013 10:31
Members of the Viet Nam Coffee and Cocoa Association (Vicofa) have agreed to petition the Government to scrap the 5 per cent value-added tax imposed on coffee exporters for a year starting in November.
VAT afloat in a confused sea
03-10-2010 21:45
With the introduction of new Value Added Tax (VAT) regulations, effective from January 1, 2009, many areas of interpretation and implementation remain ambiguous and certain contemporary VAT issues encountered by taxpayers remain, write KPMG tax partner Le Thi Kieu Nga and senior tax manager Er Say Hun.
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