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Tag: corporate tax
Vietnam gov’t waives taxes to boost economic recovery
More efforts are being made to speed up the economic recovery process while many countries are struggling with the Covid-19 pandemic.
Vietnam records fiscal deficit of over US$330 million in Jan-May
As of May 15, budget revenue collection reached VND529.6 trillion (US$22.7 billion), equivalent to 35% of the year's estimate.
Vietnam gov’t proposes 30% cut in corporate tax post Covid-19
The tax cut would benefit businesses with revenue in 2020 of less than VND50 billion (US$2.16 million) and a workforce not exceeding 100 employees.
Vietnam state budget revenue fall 9% in Jan-May on Covid-19
So far, total amount of deferrals of tax payment and land rental fees under the government’s support programs stood at VND37 trillion (US$1.58 billion) as of May.
Vietnam to cut 30% corporate income tax in 2020
The resolution would take effect after 45 days since the signing date and be applied for this year’s tax payment period.
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