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Official Gazette

Saturday, September 19, 2020
Tags: taxation
Businesses to enjoy higher deduction rate of loan interest expenses Businesses to enjoy higher deduction rate of loan interest expenses
The deduction limit of enterprises’ total loan interest expenses will be increased to 30 percent from the current 20 percent of earnings before interest, tax, depreciation and amortization (EBITDA).
Business registration procedures to be linked among state agencies Business registration procedures to be linked among state agencies
The Ministry of Planning and Investment is working on a draft decree allowing state management agencies in charge of enterprise registration, labor, insurance and taxation to coordinate with one another in shortening the time of carrying out procedures related to business startups.
MOF guides tax-related e-transactions MOF guides tax-related e-transactions
Taxpayers could conduct tax-related e-transactions around the clock via the portal of the General Department of Taxation or portals of other competent state agencies that are connected to the GDT’s, says a draft circular designed by the Ministry of Finance.
Over 90 taxation procedures made available on national public service portal Over 90 taxation procedures made available on national public service portal
The General Department of Taxation said on May 7 that it has completed the work to offer 93 taxation procedures on the national public service portal.
How to shape a legal framework for the condotel market How to shape a legal framework for the condotel market
The case of Cocobay stirs concerns about the future of condotel complexes, a type of property projects which has been mushrooming all over the country in the past few years. It also gives rise to an urgent need to shape a legal framework for condotel development, ownership and management which would facilitate the operation of real estate developers and investors as well as state management work of authorities.
Cross-border services under Law on Tax Administration: fairer for domestic businesses Cross-border services under Law on Tax Administration: fairer for domestic businesses
After 10 years of implementation of the Law on Tax Administration, many positive results have been achieved. However, in addition to these results, there remain difficulties and challenges in tax administration activities, including management of taxation of businesses providing cross-border services on the Internet.
Rural management by state laws and village conventions under the Nguyen dynasty Rural management by state laws and village conventions under the Nguyen dynasty
The Nguyen dynasty (1802-1884) managed the society by law through the administrations at different levels. Besides, the Nguyen kings were also fully aware that for villages and communes, village conventions played an important role as manifested in the popular saying “Phep vua thua le lang” (the king’s laws comes after the village’s customs). Village customs were customary practices in daily life and production upheld and orally passed from generation to generation by villagers while village conventions were customs and practices documented in paper or carved in stone or wood. The village customs and practices defined in village conventions were specific norms in various aspects of social life to be voluntarily followed by all community members. The state sought ways to use village conventions as a means to enforce state laws in social life. This helped establish the relationship between state laws and village conventions as well as customs, that of complementation, contradiction and conflict.
Politburo resolution sets orientations for FDI attraction until 2030 Politburo resolution sets orientations for FDI attraction until 2030
The Political Bureau of the Communist Party of Vietnam has adopted its first-ever resolution on orientations to perfect institutions and policies for and improve quality and efficiency of foreign investment cooperation through 2030. Resolution 50/NQ-TW is expected to enable foreign investors to move forward for future development and help improve the quality of foreign investment inflow in the country.
More transparent provisions on customs procedures for imports More transparent provisions on customs procedures for imports
The Prime Minister on June 27 approved Decision 23, revising the list of imports subject to customs procedures at import border gates specified under Decision 15 of 2017.
Legislature sittings agenda to focus on lawmaking Legislature sitting’s agenda to focus on lawmaking
The seventh session of the 14th National Assembly (NA) will spend 12 days for lawmaking work with expected passage of seven laws and two resolutions, along with discussion of nine bills, NA Chairwoman Nguyen Thi Kim Ngan said on May 20 at the opening meeting of the session.

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