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Value-Added Tax
Cập nhập tin tức Value-Added Tax
Lawmakers proposes raising tax exemption threshold to 1 billion VND
The current taxable revenue threshold of 500 million VND (19,000 USD) per year is no longer aligned with reality. Based on projected per capita GDP levels of approximately 125.5 million VND in 2025 and 128–130 million VND in 2026, the existing threshold represents only about four times per capita income, significantly lower than the 8–15 times range commonly observed in comparable economies.
Politics-Diplomacy
Lawmakers review taxable revenue threshold for household businesses
Law-makers on the morning of April 23 discussed in plenary a draft law amending and supplementing a number of articles of the laws on Personal Income Tax, Value-Added Tax, Corporate Income Tax, and Special Consumption Tax.
National Assembly passes laws on finance, agriculture, environment
The National Assembly (NA) passed the Law on Recovery and Bankruptcy, the law amending and supplementing several articles of the Law on Value-Added Tax, and another law introducing changes to various articles in 15 different laws related to agriculture and the environment.
15th NA’s 10th session discusses enhanced power delegation for Hanoi
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