Posts Tagged ‘ Personal Income Tax Law ’

A tax break would have helped 

June 4, 2011

  It seemed like a perfectly normal decision when the National Assembly’s Financial and Budgetary Committee confirmed that no adjustments would be made to the current personal income tax law until next year. But the reaction among many people was one of disappointment; for this was something they were hoping and waiting for. The tax [...]

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Desperate times 

March 12, 2011
Desperate times 

A man reads job notices on an electric pole in downtown Ho Chi Minh City. Vietnamese economists are calling on government officials to implement some sort of emergency relief as inflation and prices soar. As the government considers modifying the Law on Personal Income Tax, experts say that it should institute an emergency income tax [...]

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The Robin Hood tax model 

January 15, 2011
The Robin Hood tax model 

  An economist argues that Vietnam needs to start taxing the rich and easing off the poor A cyclo driver reads a newspaper outside an electronics store in downtown Ho Chi Minh City. Dr. Nguyen Minh Phong of the Hanoi Socioeconomic Research Institute says that taxes should be adjusted to meet the current economic reality. [...]

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Vietnam may amend personal income tax law 

January 13, 2011
Vietnam may amend personal income tax law 

Higher prices have prompted the need to revise the personal income tax law Prior to proposing amendments, Vietnam’s  Finance Ministry has asked provincial authorities and enterprises to report difficulties in implementing the personal income tax law. The ministry will compile a report in the first quarter of 2011 and submit a proposal of amendments to the National [...]

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Tax levied on all salaried incomes received from July onwards

June 24, 2009
Tax levied on all salaried incomes received from July onwards

A resident applies for a tax code in Ho Chi Minh City. All salaries and wages for the month of June will be subject to taxation if they are paid in July, when the Personal Income Tax Law takes effect, tax authorities said Tuesday. “The law will be imposed from July on incomes from salary [...]

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Tax officials respond to on-line questions

June 16, 2009
Tax officials respond to on-line questions

LookAtVietnam – An on-line discussion with tax officials on the website of the Ministry of Finance yesterday answered more than 230 questions from enterprises and individuals about the personal income tax and other tax policies. Many enterprises have encountered difficulties in implementing the new tax laws, and the ministry has been inundated with inquiries.The discussion [...]

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Give investors assurance with income tax exemption, NA urged

May 13, 2009
Give investors assurance with income tax exemption, NA urged

People crowd the government office to receive their personal income tax codes Capital investments and transfers, including that of securities, copyrights and franchises, should be granted personal income tax exemption from July 1 until the end of 2010, the government proposed Tuesday. “The stock market’s nosedive has affected capital investments and slowed down the government’s [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...