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Official Gazette

Saturday, October 24, 2020
Tags: taxpayers
Law on Exit and Entry of Vietnamese Citizens Law on Exit and Entry of Vietnamese Citizens
The Law on Exit and Entry of Vietnamese Citizens, which is the first of its kind in Vietnam, has institutionalized the 2013 Constitution regarding citizens’ right to free movement and residence within the country and their right to leave the country and return home from abroad.
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).
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.
Tax and land rental break decreed Tax and land rental break decreed
The Government on April 8 issued Decree 41 approving the extension of deadlines for payment of some taxes and land rentals in order to support businesses suffering the COVID-19 pandemic.
PM approves decree on postponement of tax and land use fee payments PM approves decree on postponement of tax and land use fee payments
Prime Minister Nguyen Xuan Phuc on April 8 approved Decree No. 41/2020/ND-CP about the extension of deadlines for tax and land use fee payments to support businesses suffering from the COVID-19 pandemic.
Official Gazette issues Nos 121-124/2019 issued on March 12 2020 Official Gazette issues Nos 121-124/2019, issued on March 12, 2020
Top ten legal documents in 2019 Top ten legal documents in 2019
Selected by Vietnam Law and Legal Forum magazine, these include the Labor Code, the Law on Exit and Entry of Vietnamese Citizens, Prime Minister Decision 1068/QD-TTg,Law on Tax Administration, and a Prime Minister Decision adopting the national strategy for intellectual property rights, among others.
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.
NA approves the development plan for next year targeting 6.8 percent GDP growth NA approves the development plan for next year, targeting 6.8 percent GDP growth
The 14th National Assembly on November 11 adopted the Resolution on the socio-economic development plan for 2020, striving for 6.8 percent GDP growth rate and higher national competitiveness.
Draft law grants more rights to taxpayers Draft law grants more rights to taxpayers
Taxpayers would be compensated for damage caused by tax administration agencies or their staff.

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