Tax policy for REC certificates
On May 20, 2024, the General Department of Taxation issued Official Dispatch 2127/TCT-CS 2024 on tax policy. About VAT The General Department of Taxation has Official Dispatch No. 4665/TCT-CS responding to the VAT policy on the transfer of REC certificates, in cases where the enterprise transfers the REC certificate that is not on the List […]
Corporate Income Tax Incentives
On May 20, 2024, the General Department of Taxation issued Circular 2133/TCT-CS 2024 regarding tax policies. Based on the amended Law No. 32/2013/QH13, which supplements certain provisions of the Corporate Income Tax Law No. 14/2008/QH12, and Decree No. 91/2014/NĐ-CP dated October 1, 2014, issued by the Government, which amends and supplements certain provisions related to […]
Clarification on Land Rental Policies
On May 20, 2024, the General Department of Taxation issued Official Dispatch 2128/TCT-CS 2024 on answering land rental policies. Pursuant to the 2013 Land Law, Decree No. 46/2014/ND-CP dated May 15, 2014 of the Government on land rent and water surface rent collection, Decree No. 123/2017/ND-CP dated May 14 /November 2017 of the Government amending […]
Opinion on Value Added Tax (VAT)
On May 20, 2024, the General Department of Taxation issued Circular 2132/TCT-CS 2024 regarding Value Added Tax (VAT). The Circular requests that the provincial Tax Department assess the actual documentation to determine whether the infrastructure sharing fee constitutes revenue from transmission and distribution activities related to the investment project for which a Certificate of Investment […]
Problems with tax policy
On May 16, 2024, the General Department of Taxation issued Official Dispatch No. 2087/TCT-CS on tax policy problems. About Value Added Tax (VAT) Based on legal regulations, in principle, the input VAT amount of the amount of raw materials, materials, energy, and goods lost in excess of the limit cannot be declared and deducted. In […]
Draft Decree extending the deadline for paying tax in 2024
On May 14, 2024, the Government issued the 1st Draft of the Decree extending the deadline for paying value-added tax, corporate income, personal income tax and land rent in 2024. Some notable contents of the Draft Decree are as follows: For value added tax (except value added tax at import stage) Extending the tax payment […]
Guiding on digital signatures and digital signature certification services
On May 9, 2024, the Government issued Decree 48/2024/NĐ-CP amending Decree 130/2018/NĐ-CP guiding on digital signatures and digital signature certification services. Accordingly, Article 23 of Decree No. 130/2018/NĐ-CP on "Dossier for granting digital certificates to subscribers" is supplemented. Specifically, it includes: - Application for granting digital certificates in paper or electronic form according to the […]
List of national databases; building, updating, maintaining, exploiting and using national databases
On May 9, 2024, the Government issued Decree 47/2024/NĐ-CP on the list of national databases; building, updating, maintaining, exploiting and using national databases. Accordingly, the subjects of exploitation and use of national data include: State management agencies according to their functions and tasks of exploiting and using data in the national database to serve state […]
Issuance of Decree regulating grassroots information activities
On May 10, 2024, the Government issued Decree 49/2024/NĐ-CP regulating grassroots information activities. This Decree regulates grassroots information activities; state management responsibilities for grassroots information activities; rights and obligations of agencies, organizations and individuals participating in grassroots information activities. Grassroots information activities are the activities of providing essential information; receiving feedback information and response content […]