Authorities ramp up tax inspections of livestreams

Authorities ramp up tax inspections of livestreams

Individuals and organisations involved in livestream sales and affiliate marketing on e-commerce platforms are facing the most stringent inspections ever related to tax declaration and payment.
Forvis Mazars Tax & IFRS Dialogue connects businesses

Forvis Mazars Tax & IFRS Dialogue connects businesses

Forvis Mazars is holding a monthly dialogue series in Hanoi.
Sugar tax plans see detailed additions

Sugar tax plans see detailed additions

Vietnam is closer to adding a tax on soft drinks based on sugar content to encourage businesses to produce and import low-sugar soft drinks.
Obstructions bemoaned in treating industrial waste

Obstructions bemoaned in treating industrial waste

Manufacturers in industrial parks are facing obstructions in collectively treating and exchanging industrial waste, especially when it comes to tax.
EU's Carbon Border Adjustment Mechanism and its impact on Vietnam's industry

EU's Carbon Border Adjustment Mechanism and its impact on Vietnam's industry

The impending implementation of the European Union's Carbon Border Adjustment Mechanism (CBAM) is poised to have a considerable effect on Vietnamese exporters, especially those operating within the steel, cement, aluminium, and fertiliser sectors.
Playing field could be balanced with VAT exemptions

Playing field could be balanced with VAT exemptions

The Ministry of Finance is recommending the exclusion of several specific goods and services from the scope of VAT exemption.
Fork in road for special consumption tax on alcohol

Fork in road for special consumption tax on alcohol

Industry insiders are worried that changes to taxes on beer will damage the domestic industry in favour of higher priced foreign brands.
The tax policy impact on luring in fresh investment

The tax policy impact on luring in fresh investment

New tax policies in recent years have contributed significantly to building confidence from foreign investors and creating a competitive and sustainable business environment, directly contributing to Vietnam’s foreign investment growth in 2023.
Malaysia applies tax on imported goods bought online

Malaysia applies tax on imported goods bought online

Online retail companies in Malaysia have started collecting low-value goods (LVG) taxes on imported goods below 500 RM (108.64 USD).
Indonesia pledges continued tax incentives for foreign investors

Indonesia pledges continued tax incentives for foreign investors

Indonesian Investment Minister Bahlil Lahadalia confirmed that his government will keep granting tax holidays to attract foreign investors so long as the global minimum tax (GMT) policy is not yet rendered, local media has reported.
Ministry of Finance recognises SABECO's outstanding budget contributions

Ministry of Finance recognises SABECO's outstanding budget contributions

Saigon Beer-Alcohol-Beverage Corporation has been honoured for its contribution to the budget during the pandemic peak in Vietnam.
Posco VST removed from customs priority list

Posco VST removed from customs priority list

Posco VST’s top-quality stainless steel cold-rolled products has had its customs priority suspended.
Global tax shift forces inevitable adjustment

Global tax shift forces inevitable adjustment

Duong Hoang, partner and head of Tax at KPMG in Vietnam, offered VIR’s Luu Huong insights into this transformative phase, highlighting the synergies between Vietnam’s tax strategy and its quest to remain a magnet for foreign funding.
Real estate giants the focus of specialised audits

Real estate giants the focus of specialised audits

Real estate firms SonKim, Hai Phat Invest, Van Phuc, and Bitexco, are among 42 companies listed for specialised audits this year, according to the GDT.
Tax authorities to cut at least 20 per cent of compliance costs related to business activities

Tax authorities to cut at least 20 per cent of compliance costs related to business activities

The General Department of Taxation (GDT) has said that it guaranteed to reduce and simplify at least 20 per cent of regulations and cut at least 20 per cent of compliance costs related to business activities and eliminate unnecessary regulations by 2025.
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