Keyword: "income tax cut"

1 Result

Deputy Ly Tiet Hanh from Gia Lai province speaks at the National Assembly sitting on August 21. (Photo: VNA)

Government proposes 30% income tax cut for small businesses

The personal income tax payable for the 2026 and 2027 tax years is proposed to be reduced by 30% for resident individuals earning income from business activities, provided their annual revenue does not exceed 10 billion VND (about 383,600 USD).