Vietnam should proactively implement Global Minimum Tax: official

Vietnam should proactively implement Global Minimum Tax: official

Although the Global Minimum Tax is not mandatory, Vietnam should implement it proactively because it can increase tax revenues, further international integration and create new opportunities, a senior tax official says.

Economy - Tue, May 7, 2024 | 3:15 pm

Vietnam collects less corporate income tax in 2022 from top 1,000 firms

Vietnam collects less corporate income tax in 2022 from top 1,000 firms

Corporate income tax (CIT) paid by the 1,000 biggest taxpayers in Vietnam in 2022 fell 14.9% from that in 2021, the General Department of Taxation has said.

Companies - Tue, October 24, 2023 | 10:16 am

Honda, Unilever, Heineken top foreign taypayers in Vietnam

Honda, Unilever, Heineken top foreign taypayers in Vietnam

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).

Companies - Thu, October 19, 2023 | 11:16 am

Vietnam taxman collects big money from tech giants Facebook, Google, TikTok

Vietnam taxman collects big money from tech giants Facebook, Google, TikTok

Vietnam collected a total of VND5.8 trillion ($237 million) from 67 cross-border companies, including transnational tech giants such as Meta, Google, Apple, and Microsoft, via an electronic portal in the first nine months of this year, according to the General Department of Taxation (GDT).

Finance - Wed, October 11, 2023 | 5:09 pm

Vietnam aims to implement Global Minimum Tax from 2024

Vietnam aims to implement Global Minimum Tax from 2024

Vietnam plans to enforce the Global Minimum Tax (GMT) from January 1, 2024, the General Department of Taxation (GDT) told a conference on Tuesday.

Economy - Tue, April 18, 2023 | 4:29 pm

Enhancing audit, inspection over tax compliance requirements

Enhancing audit, inspection over tax compliance requirements

The General Department of Taxation (GDT) recently issued Official Letter No.769/TCT-TTKT requesting provincial and municipal tax authorities to strengthen measures to prevent loss of state budget revenue and ensure correct and sufficient tax collection.

KPMG - Fri, July 8, 2022 | 11:32 am