Corporate Income Tax Policy
On June 3, 2024, the General Department of Taxation issued Official Dispatch No. 2328/TCT-CS regarding corporate income tax policy. Based on Clause 2, Article 19 of Decree No. 218/2013/NĐ-CP dated December 26, 2013, by the Government detailing and guiding the implementation of the Law on Corporate Income Tax; Clause 1, Article 18 and Clauses 2 […]
Issuance of Invoices and Payment of Taxes on Real Estate Transfers
On May 31, 2024, the Bac Giang Provincial Tax Department issued Official Dispatch No. 3920/CTBGI-TTHT regarding the issuance of invoices and payment of taxes on real estate transfers. - In the case where the Company has a plot of land within an investment project that has been granted an Investment Registration Certificate by the Management […]
Handling Tax Debt by Local Tax Authorities
On June 3, 2024, the General Department of Taxation issued Official Dispatch No. 2340/TCT-QLN regarding the handling of tax debt by local tax authorities. Based on reports on the implementation of measures to urge and enforce tax debt collection by the Provincial Tax Department, if the tax authority currently managing the taxpayer confirms that the […]
Personal Income Tax Policy
On May 30, 2024, the Binh Duong Provincial Tax Department issued Official Dispatch No. 14748/CTBDU-TTHT regarding personal income tax policy. Based on Clause 2, Article 42 of the Tax Administration Law No. 38/2019/QH14; Point c, Clause 1, Article 9 of Circular No. 111/2013/TT-BTC dated August 15, 2013, by the Ministry of Finance, guiding personal income […]
Postponement of Payment for Back Taxes, Penalties, and Late Payment Fees Related to Wage Expenses
On May 31, 2024, the Vinh Phuc Provincial Tax Department issued Official Dispatch No. 1188/CTVPH-TTKT1 to respond to tax policy inquiries. Based on Clause 1, Article 6 of Circular No. 78/2014/TT-BTC dated June 18, 2014, by the Ministry of Finance, guiding the implementation of Decree No. 218/2013/NĐ-CP dated December 26, 2013, by the Government, which […]
Accounting for Fixed Assets
On May 30, 2024, the Binh Duong Provincial Tax Department issued Official Dispatch No. 14754/CTBDU-TTHT regarding the accounting for fixed assets. Based on Circular No. 45/2013/TT-BTC dated April 25, 2013, by the Ministry of Finance, which provides guidelines on the management, use, and depreciation of fixed assets: In the event a company purchases assets that […]
Supplementary Tax Declaration for Omitted Input Invoices
On May 30, 2024, the General Department of Taxation issued Official Dispatch No. 2298/TCT-KK regarding supplementary tax declarations for omitted input invoices. Based on Point đ, Clause 6, Article 1 of Law No. 31/2013/QH13 amending and supplementing certain provisions of the Law on Value-Added Tax (VAT), which stipulates the deduction of input VAT; Point g, […]
Tax Management for Business Households and Individuals
On May 30, 2024, the General Department of Taxation issued Official Dispatch No. 2287/TCT-DNNCN regarding tax management for business households and individuals. Regarding the Tax Inspection Process for Business Households and Individual Businesses: Tax inspections for business households and individual businesses (including those paying taxes based on declaration, lump-sum method, or per occurrence) shall be […]
Reduction of Land Lease According to Decision No. 25/2023/QĐ-TTg
On May 29, 2024, the General Department of Taxation issued Official Dispatch No. 2272/TCT-CS regarding the reduction of land lease pursuant to Decision No. 25/2023/QĐ-TTg dated October 3, 2023. Decision No. 25/2023/QĐ-TTg stipulates a 30% reduction in the land lease payable for the year 2023 for land lessees who are organizations, units, enterprises, households, or […]