ronaldo denies tax fraud at court hearing

Ronaldo denies tax fraud at court hearing

MADRID: Real Madrid forward Cristiano Ronaldo denied hiding millions of euros in income at a court hearing near the Spanish capital on Monday (Jul 31) where he was charged with tax evasion.
trump pivots to tax reform after obamacare shipwreck

Trump pivots to tax reform after Obamacare shipwreck

WASHINGTON: After a crushing defeat in the effort to repeal Obamacare, the Trump administration is hoping for smoother sailing on tax reform, expecting this will be less divisive among Republican party factions.
vietnamese tax incentive system woefully inadequate

Vietnamese tax incentive system woefully inadequate

The Vietnamese tax system is not as effective as one would hope in preventing tax dodging by companies, while its incentives are very generous at the expense of the state budget.
cement export tax burdens domestic firms

Cement export tax burdens domestic firms

The imposition of 5 per cent export tax on cement is weighing down the industry, which has been facing a severe surplus of supply over demand in the local market.
environmental protection tax hike hurts firms

Environmental protection tax hike hurts firms

The Finance Ministry (MoF)’s proposal to almost triple the environmental protection tax on oil and gas consumption would reduce businesses’ competitiveness against foreign firms, according to the Viet Nam Chamber of Commerce and Industry (VCCI).
vietnamese shop on facebook state cannot collect tax

Vietnamese shop on Facebook, state cannot collect tax

Trade carried out on Facebook has boomed over the last few years, but the State still has no way of collecting tax on the activities.  
arsenals sanchez admits us 1m tax fraud

Arsenal's Sanchez admits US$1m tax fraud

BARCELONA: Arsenal forward Alexis Sanchez on Monday (Jan 16) admitted defrauding Spanish tax authorities of €983,443 (US$1 million) while playing for Barcelona.
eco friendly products get tax cuts on export

Eco-friendly products get tax cuts on export

In a bid to encourage green production and highlight its commitment to environmental protection, Vietnam will extend export tax exemptions and reductions to certain types of environmentally-friendly goods.
na mulls more agricultural tax exemption reduction

NA mulls more agricultural tax exemption, reduction

Law makers yesterday discussed the Government’s proposal on further tax reduction and exemption for agricultural land use.
viet nam announces tax rules for uber

Viet Nam announces tax rules for Uber

The Ministry of Finance has issued a document on tax payment rules for Dutch-based Uber International Holding BV for its car hailing service in Viet Nam.
new tax cut plan aims to boost entrepreneurship

New tax cut plan aims to boost entrepreneurship

The Government will submit a tax reduction plan to the National Assembly (NA) this month, which aims to meet targets of increasing the number of efficient enterprises in the country to one million by 2020.
moit refuses to move polyester import tax

MoIT refuses to move polyester import tax

The Ministry of Industry and Trade (MoIT) has refused Vietnam Textile and Apparel Association (Vitas)’s proposal to move the 2 per cent import tax to zero per cent on polyester synthetic fibre products.
us steel firms say chinese evaded tax via vn

US steel firms say Chinese evaded tax via VN

Two US steelmakers have requested the US Department of Commerce (DOC) check whether China is circumventing antidumping and countervailing duties on cold-rolled steel coils and corrosion-resistant sheets by processing hot-rolled coil in Viet Nam.
mofs new tp law to curtail tax loss

MoF’s new TP law to curtail tax loss

Under pressure for more stringent control requirements to combat transfer pricing and loss of tax revenue, the Ministry of Finance completed the draft Transfer Pricing Decree and is now in the stage of collecting comments from the public. VIR’s Thanh Xuan talked with Tu Ha, Vietnam director at transfer pricing advisory firm Quantera Global, on significant developments and guidance for business compliance.
tax sector aims to prevent losses in 2016

Tax sector aims to prevent losses in 2016

The tax sector will focus on creating a decree to prevent tax losses and transfer pricing in the second half of the year, said Do Hoang Anh Tuan, deputy finance minister.