Automaker Honda remained the biggest foreign taxpayer in Vietnam in 2022, according to the General Department of Taxation’s latest list of the top 1,000 contributors of corporate income tax (CIT).
According to the General Department of Taxation (GDoT), domestic revenue in the first nine months of 2023 was 76.3% of the ordinance s estimate. This revenue represents a significant challenge for the entire Tax sector in the final months of the year. To complete the assigned budget collection task, Mai Xuan Thanh, Director General of the GDoT, has directed the entire sector to focus resources on drastically and effectively implementing tax management, timely collecting tax sources arising into
In the context of different revenue sources, particularly land revenue, declining sharply, tax authorities at all levels are making efforts to accelerate the collection of revenues from land; and closely coordinate with relevant authorities to focus on urging and completely handling land-related debts in order to ensure the completion of the assigned budget collection tasks.
The General Department of Taxation (GDT) has said that it guaranteed to reduce and simplify at least 20 per cent of regulations and cut at least 20 per cent of compliance costs related to business activities and eliminate unnecessary regulations by 2025.
The General Department of Taxation (GDT) has said that it guaranteed to reduce and simplify at least 20% of regulations and cut at least 20% of compliance costs related to business activities and eliminate unnecessary regulations by 2025.