Taxable price of natural water used for hydroelectricity generation
On October 28,2016, the Ministry of Finance issued the Circular No. 174/2016/TT-BTC on amending and supplementing point a Clause 4 Article 6 of Circular No. 152/2015/TT-BTC dated October 02, 2015 by the Ministry of Finance providing guidance on resource royalty. Accordingly, from December 12, 2016, taxable price of natural water used for hydroelectricity generation is […]
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 […]
Businessman should be interested in taxes in Vietnam
Business License Tax Business License tax is an annual fee on the establishment of production and business activities of all economic sectors. All organizations and individuals engaged in business are liable to pay the license tax. The purpose of the license tax is to inventory, control and classify of production and business establishments. Therefore, the […]