Most of the FDI businesses with high tax contribution to the budget operate in several industrial parks of Dinh Tram, Van Trung, Quang Chau, Song Khe - Noi Hoang, typically: Fuhong Precision Component Company Limited; New Wing Interconnect Technology Company Limited; Hosiden Vietnam Company Limited…

Officials of the Customs Branch managing provincial industrial parks guide businesses in completing customs clearance documents for goods.

The above results were achieved thanks to joint efforts of the tax sector right from the beginning of the year to assign functional departments and regional tax branches to review and urge businesses to pay taxes on time according to the provisions of law.

At the same time, the competent agencies strictly handle cases of late payment while strengthening dialogue on tax policies, promptly removing difficulties and obstacles; promoting digital transformation to facilitate the taxpayers...

Bac Giang praises 73 typical tax payers

BAC GIANG - The Tax Department in Bac Giang province on November 28 held a conference to commend outstanding organization and individual tax payers.

Tax revenue from FDI companies surpasses yearly estimate

BAC GIANG- According to the provincial Department of Taxation, the tax revenue from foreign direct investment (FDI) companies in the first 11 months is estimated at some 2.3 trillion VND (94.5 million USD), exceeding about 60 percent of the yearly assigned estimate.

More global digital platforms pay taxes in Vietnam

Seven four cross-border digital platforms, including Meta, Google, Netflix, and TikTok, have paid taxes of VND8.02 trillion (US$334.1 million) this year, more than double the amount last year.

Budget revenue from taxes hits 76% of yearly estimate

The tax sector collected more than 1,048 trillion VND (nearly 43 billion USD) for the State budget in the first nine months of 2023, equivalent to 76.3% of the estimate for the whole year and 94.9% compared to the figure in the same period last year, the General Department of Taxation reported on October 4.

Reduces value-added tax fuels production recovery

BAC GIANG - On June 30, the Government issued Decree 44 stipulating the reduction policy for value-added tax (VAT) in line with National Assembly’s Resolution 101 dated June 24, 2023.  Accordingly, many groups of goods and services are entitled to VAT reduction from 10% to 8%, thereby helping businesses and people recover production and business after the impact of the Covid-19 pandemic.