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tax free
Proposal to exempt 3-year tax for business households to become enterprises
To encourage more than 5 million business households to convert to enterprises, experts say taxes should be exempted for about 3 years.
The Ministry of Finance does not propose to tax personal income tax on savings interest.
In the proposal to develop a Law on Personal Income Tax (replacement), the Ministry of Finance proposed to maintain the regulation on exemption of personal income tax on interest on savings deposits.
From February 18, what will happen to the price of imported goods under 1 million VND?
Imported goods worth less than 1 million VND via express delivery will no longer be exempt from import tax and value added tax.
Goods imported through online platforms under 2 million VND can be exempted from tax.
The Ministry of Finance proposed tax exemption for goods imported via e-commerce worth VND2 million or less, but limiting the purchase value to no more than VND96 million per year.
Is New Year lucky money subject to personal income tax?
Question: Many agencies, organizations, and companies have the custom of giving lucky money at the beginning of the year to their staff. Is the lucky money exempt from personal income tax?
Imported goods under 1 million VND sent via express delivery will not be exempt from tax.
The policy of exempting import tax and value added tax for imported goods sent via express delivery service with a value of 1 million VND or less is no longer suitable.
Ministry of Finance continues to propose exemption of agricultural land use tax
The Ministry of Finance proposed that the Government submit to the National Assembly a resolution to extend the agricultural land use tax exemption period for another 5 years, until the end of 2030.
Proposal to remove tax exemption for small value imported goods
The Ministry of Finance proposed to abolish the exemption of value-added tax on imported goods sent via express delivery services with a value of less than 1 million VND.
Three days in Langkawi duty free island
Langkawi duty-free island consists of 99 small islands, separated from the mainland of Malaysia by the Strait of Malacca, and is considered the "pearl" of Kedah state.
Instructions on tax exemption and reduction for individuals, business households and enterprises affected by storms and floods
Individuals and businesses affected by storms and floods will receive reductions in personal income tax, special consumption tax and resource tax.
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