Wednesday, May 14, 2025

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Chính phủ đề nghị giảm thuế giá trị gia tăng đến hết năm 2026

Government proposes to reduce value added tax until the end of 2026

It is expected to continue to reduce the value added tax rate by 2% for groups of goods and services currently subject to a tax rate of 10% (to 8%), except for some groups of goods and services.

Finance Minister talks about phrase first appeared to fight money laundering

For the first time, the concept of 'beneficial owner of an enterprise' is mentioned in the draft Law on Enterprises (amended) which is being discussed by the National Assembly and is expected to be approved at the 9th Session.
South Korea has a new acting President after two consecutive leaders resign

Deputy Prime Minister and Education Minister Lee Joo-ho assumed the role of acting President of South Korea, after Prime Minister Han Duck-soo and Finance Minister Choi Sang-mok resigned.