Should the gov’t tax second homes?

While Việt Nam’s Finance Ministry writes a proposal to tax second homes, the Việt Nam News asked our readers to share their thoughts on a potential multiple-home tax. Here are some of the responses: Nguyễn Thanh Hà, Vietnamese lawyer, Hà Nội As far as I know, many countries tax multiple-house owners in order to develop […]

Q&A about taxation in Vietnam

Q&A about taxation in Vietnam

What taxation systems are applied in general? Only one taxation system is applied in Vietnam. What is the difference between them? N/A What are the main taxes applied and their rates? Corporate Income Tax: 25%; VAT: 0%, 5%, 10% or 15%; Export-Import Duty: Duty rates applicable to exports are specified for each item of goods […]