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The Power of Deductions: Why a Flat Rate for Dependents is the Fairest Approach
"There has been a debate on whether the personal income tax exemption should be based on regional minimum wages. However, this proposal has not gained the support of the Ministry of Finance. The Ministry argued that the legal regulation on personal exemptions should be unified across the country, regardless of income levels, consumption needs, or geographical differences."
Unveiling the Surprising Results: August’s Electricity Bill Verification Unveils a Shocking Spike
The energy sector has released preliminary findings on the verification of unusually high electricity bills for the month of August. This comes in response to numerous complaints and concerns raised by customers through social media platforms.
“Vietnam’s Ministry of Finance Explains Decision to Maintain a 35% Personal Income Tax Rate”
The latest draft of the Personal Income Tax Law (amended) retains the highest personal income tax rate at 35%. This means that taxable income over VND 100 million will be subject to a 35% tax rate.
