VAT according to Decree 94/2023/ND-CP

VAT according to Decree 94/2023/ND-CP

On July 12, 2024, the General Department of Customs issued Official Dispatch 3410/TCHQ-TXNK on value added tax according to Decree 94/2023/ND-CP. Pursuant to Part A Appendix III of Decree No. 94/2023/ND-CP dated December 28, 2023, "Electrical equipment used for telephone line systems, telegraph systems and electronic information systems" is subject to VAT is not reduced. […]

Decree No. 64/2024/N D-CP and Decree No. 65/2024/ND-CP on extending the deadlines for tax and land rent payments in 2024.

Implementation of Policies for Extending Tax Payment Deadlines in 2024

On June 17, 2024, the Government issued Decree No. 64/2024/N D-CP and Decree No. 65/2024/ND-CP on extending the deadlines for tax and land rent payments in 2024. Here are some specific points to note: I. Implementation of Decree No. 64/2024/ND-CP: Provide instructions for taxpayers on how to submit a request for a tax payment extension. […]

Personal Income Tax Policy for Foreign Individuals

Personal Income Tax Policy for Foreign Individuals

On July 5, 2024, the General Department of Taxation issued Official Letter No. 2887/TCT-DNNCN 2024 concerning the personal income tax policy for foreign individuals. Based on Clause 2, Article 2 of Circular No. 111/2013/TT-BTC dated August 15, 2013, of the Ministry of Finance; Clause 2, Article 2 of Circular No. 111/2013/TT-BTC dated August 15, 2013 […]

Personal Income Tax Policy for Foreign Individuals

Personal Income Tax Policy for Foreign Individuals

On July 5, 2024, the General Department of Taxation issued Official Letter No. 2887/TCT-DNNCN 2024 concerning the personal income tax policy for foreign individuals. Based on Clause 2, Article 2 of Circular No. 111/2013/TT-BTC dated August 15, 2013, of the Ministry of Finance; Clause 2, Article 2 of Circular No. 111/2013/TT-BTC dated August 15, 2013 […]

Notice of Effectiveness of the Multilateral Convention on Administrative Assistance in Tax Matters

Notice of Effectiveness of the Multilateral Convention on Administrative Assistance in Tax Matters

On July 4, 2024, the General Department of Taxation issued Official Letter No. 2862/TCT-HTQT 2024 to announce the effectiveness of the Multilateral Convention on Administrative Assistance in Tax Matters. Based on Notification No. 08/2024/TB-LPQT dated January 26, 2024, from the Ministry of Foreign Affairs regarding the Multilateral Convention on Administrative Assistance in Tax Matters (the […]

Value-Added Tax Reduction Policy

Value-Added Tax Reduction Policy

On June 29, 2024, the Government issued Decree No. 72/2024/ND-CP stipulating the policy for reducing value-added tax according to Resolution No. 142/2024/QH15 dated June 29,

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