Personal income tax applicable to bank deposits
Question: Is interest income from my bank deposits (including foreign currency deposits) subject to personal income tax? Answer: Pursuant to subclause g.1, point g, Clause 1, Article 3 of Circular No. 111/2013/TT-BTC, the following is stipulated: Income exempt from tax Pursuant to the provisions of Article 4 of the Law on Personal Income […]
Household businesses using electronic invoices and paying tax on a per-occurrence basis
Question: Does my household business need to cease using electronic invoices after switching to the tax payment method on a per-occurrence basis? Answer: Pursuant to Clause 1, Article 16 of Decree No. 123/2020/ND-CP, as amended and supplemented by Clause 12, Article 1 of Decree No. 70/2025/ND-CP, the cases requiring cessation of electronic invoice […]