free trade agreements increase tax collection

Free trade agreements increase tax collection

The signing and implementation of free trade agreements has increased Viet Nam's tax collection this year, said Luu Manh Tuong, director of Import-Export Tax Department under Vietnam Customs.
putin picks little known tax chief for prime minister

Putin picks little-known tax chief for prime minister

President Vladimir Putin on Wednesday (Jan 15) proposed the little-known head of Russia's tax service Mikhail Mishustin for the post of prime minister, the Kremlin said.
ey consulting vietnam enterprises need to prepare for tax changes

EY Consulting Vietnam: enterprises need to prepare for tax changes

In order to ensure their position as one of the fastest-growing economies in the Asia-Pacific region, Vietnam has introduced various regulatory and tax reforms to maintain its attractive business environment, to attract foreign investment, and to support local private enterprises.
ex liverpool star alonso acquitted of tax fraud

Ex-Liverpool star Alonso acquitted of tax fraud

Former Liverpool midfielder Xabi Alonso has been acquitted of tax fraud, a Madrid court announced on Tuesday (Nov 26).
legal series lays focus on tax scene

Legal series lays focus on tax scene

A major annual tax and legal event which took place across Vietnam’s biggest cities last week has covered recent tax and legal developments and updates, which are particularly significant for foreign direct investment companies in the country.
mof proposes tax cut for small firms

MoF proposes tax cut for small firms

The Ministry of Finance (MoF) is proposing a regulation that exempts micro and small enterprises from corporate income tax for two years after they have sufficient income subject to taxation.
tax reform approved to facilitate market economy

Tax reform approved to facilitate market economy

Vietnamese government has approved a 10-year tax reform for 2011-20 that seeks to encourage market economy and increase local enterprises’ competitiveness.
audit and tax risks in 40 era

Audit and tax risks in 4.0 era

As Vietnam prepares to introduce the amended Law on Tax Administration in 2019, Lam Le, partner for tax and consulting services at RSM Vietnam, shared with VIR’s Nam Phuong some important points for foreign businesses and investors.
pxt has bank accounts frozen for tax delays

PXT has bank accounts frozen for tax delays

The bank accounts of Petroleum Pipeline & Tank Construction JSC (code: PXT) have just been frozen for its long delay in paying VND845 million ($36,407) in taxes.
grab surpasses vinasun in tax contribution in 2018

Grab surpasses Vinasun in tax contribution in 2018

Grab has paid VND441 billion ($19.17 million) in taxes to the Vietnamese state budget in 2018, more than three times as much as traditional taxi firm Vinasun.

Resolution on the cards for long-running tax brawl

A dispute between the developer of the Saigon South urban area and Ho Chi Minh City officials over an alleged unpaid tax bill of $30 million could end soon after a directive from Prime Minister Phan Van Khai.
oecd hopes for global digital tax by 2020

OECD hopes for global digital tax by 2020

The possibility of an international deal to tax US tech giants such as Amazon, Google and Facebook is sensitive, as countries threaten to go it alone and Europe is divided on the issue.
vinaconex charged with 217391 in tax arrears

Vinaconex charged with $217,391 in tax arrears

During the inspections in 2017, due to wrongful declaration resulting in the lack of tax payment, Vinaconex was fined for tax arrears of nearly VND5 billion ($217,391).
korean airlines allowed import tax exemption

Korean Airlines allowed import tax exemption

Deputy PM Vuong Dinh Hue has agreed with the Ministry of Finance’s proposal on import tax exemption applicable to Korean Airlines.
gtnfoods has to pay 10323 in tax arrears

GTNFoods has to pay $10,323 in tax arrears

GTNFoods JSC, which holds 22 per cent of Tael Partners, an investment fund from Singapore, will have to pay VND233.3 million ($10,323) in tax arrears, fines, and late payment fees, according to the decision of the Hanoi Department of Taxation.