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New Government Directive on Tax Management for Business Households
The government has issued directives addressing key tax management issues for business households in the development of the amended Tax Administration Law.
How Will Vietnam’s Economy Benefit from the Federal Reserve’s Interest Rate Cut?
Lower interest rates in the U.S. typically stimulate consumer spending and investment, subsequently boosting demand for imported goods from Vietnam.
Finance Ministry: Tax Exemption for Budget-Funded Wage Earners Likely to Spark Backlash
During the consultation process for the draft Law on Personal Income Tax (amended), the Ministry of Public Security proposed exempting personal income tax on salaries funded by the state budget. However, the Ministry of Finance argued that the regulation should apply uniformly to all individuals whose income reaches the taxable threshold, as any deviation could provoke public backlash.
