ministry proposes green protection fuel tax hike

Ministry proposes green protection fuel tax hike

The Ministry of Finance wants to increase environmental protection tax on petrol and oil to ensure sufficient budget collection, as the country has to cut import taxes to fulfil international commitments.
ho chi minh city tries to tax facebook sellers

Ho Chi Minh City tries to tax Facebook sellers

The Ho Chi Minh City Department of Taxation has sent invitations to merchants that sell goods and services through Facebook, asking them to file and pay tax after their activities.
vietnam proposes drastically increasing environment tax on petrol

Vietnam proposes drastically increasing ‘environment tax’ on petrol

The Vietnamese government is drafting an amendment to the law on environmental protection tax, which includes a proposal to more than double the current tax on gasoline.
proposal to make alcohol firms pay health tax

Proposal to make alcohol firms pay health tax

It has been proposed that companies which produce and import alcohol and beer products should pay VND360 billion (USD16.36 million) annually for health services.
uk france launch major tax fraud probe

UK, France launch major 'tax fraud' probe

British and French authorities searched premises on both sides of the Channel Wednesday, arresting several men and seizing financial records over suspected tax fraud in the football industry, officials said.
earning vnd2 billion via facebook millionaires still can evade tax

Earning VND2 billion via Facebook, millionaires still can evade tax

About 50 dollar millionaires in Vietnam earn billions of dong a month via Facebook, according to a Facebook representative. However, the taxation body said it cannot collect taxes from these sellers.  
government still indecisive in raising tax fee on pick ups

Government still indecisive in raising tax, fee on pick-ups

The Ministry of Finance (MoF) has not yet decided on a change in the special consumption tax and registration fee applicable to pick-ups.
ministry proposes tax hikes on petrol plastic bags

Ministry proposes tax hikes on petrol, plastic bags

The Ministry of Finance has proposed, in a draft law, to almost triple the environmental protection tax on oil and gas consumption from the current VND3,000 (US$0.13) to VND8,000 per litre.
royalty tax set to see miners hit rock bottom

Royalty tax set to see miners hit rock bottom

Vietnam’s proposed up to six-fold royalty tax increase could push foreign miners to the wall.
eu agrees new rules to close tax loopholes for multinationals

EU agrees new rules to close tax loopholes for multinationals

BRUSSELS: EU finance ministers agreed on Tuesday (Feb 21) to close loopholes that multinational firms exploit to pay low or no taxes by shopping for better deals outside the 28-nation bloc.
remove import tax on auto components vbf proposes

Remove import tax on auto components, VBF proposes

Viet Nam Business Forum (VBF) 2016 has proposed the Government remove import taxes on auto components and parts which are not yet produced in Viet Nam.
tax code bogs down exports vn cement firms

Tax code bogs down exports: VN cement firms

Local cement producers worry that their exported products could struggle to compete with foreign firms in term of price, a concern voiced at an online forum held in Ha Noi yesterday.
zero export tax doesnt satisfy gold jewellery makers

Zero export tax doesn't satisfy gold jewellery makers

Gold jewellery and other gold articles with less than 95 per cent gold content enjoy zero export duty rates from September 1, under Decree No. 122/2016/ND-CP.
most farmers set to receive land tax cuts or exemptions

Most farmers set to receive land tax cuts or exemptions

Most farmers in the country will enjoy either full exemptions or a 50-per cent reduction in annual agricultural land use tax from 2017, according to a draft proposal on agriculture land use tax.
amata won quang ninhs support for tax proposal

Amata won Quang Ninh’s support for tax proposal

Thai-backed Amata Group’s proposal on special incentives for its $1.6 billion high-tech park and township complex in Quang Ninh province has received support from provincial authorities.