Ho Chi Minh City’s Tax Department has waived or reduced taxes worth 123 billion VND (5.37 million USD) for 86,197 household businesses affected by the COVID-19 pandemic.
Businesses would be required to use non-cash payments for trading transactions of any value under a proposal submitted to the Government by the Ho Chi Minh City Tax Department.
Minister of Finance Dinh Tien Dung has requested an urgent investigation into an alleged bribery of Vietnamese officials by Tenma Vietnam - a subsidiary of Japan’s plastic product maker Tenma Corporation.
More than 3,000 business households were dissolved or suspended their operations in Hanoi in the first two months of this year due to the impact of the COVID-19 outbreak.
The signing and implementation of free trade agreements has increased Vietnam's tax collection this year, said Luu Manh Tuong, director of Import-Export Tax Department under Vietnam Customs.
Reduced revenue from cutting taxes on imported goods in accordance with various free trade agreements (FTA) Vietnam had signed was unlikely to affect State revenue, said the finance ministry in a conference held on December 12 in Hanoi.
Prime Minister Nguyen Xuan Phuc has asked the Tax Department of Ho Chi Minh City to hold back on enforcing a tax decision on collecting 3.14 trillion VND (some 136.1 million USD) from Sai Gon Beer-Alcohol-Beverage Corporation (Sabeco) for violations on special sales tax.
The Netherlands-based Uber BV Company has completed its remaining tax arrears payment of 53 billion VND (2.26 million USD), immediately after the firm withdrew its petition against the Ho Chi Minh City’s Department of Tax department.
The HCM City People’s Court has dismissed a suit by the ride-hailing company Uber International Services Holding B.V against the city tax department seeking remedy against a claim for back taxes.
The Netherlands-based ride-hailing firm Uber International Services Holding B.V has filed a lawsuit against the Ho Chi Minh City Tax Department after it decided to forcibly collect tax, Nguoi Lao Dong (Labourer) newspaper reported.
Uber Vietnam has confirmed that CEO Dang Viet Dung stepped down from his post on October 1 after three years of running the ride hailing service firm in the country.
Vietnam’s Ho Chi Minh City and the Lao capital city of Vientiane have agreed to foster and expand their cooperation in the time ahead and approve cooperation orientations for the 2017-2020 period.
Hanoi collected over 93.9 trillion VND (4.1 billion USD) in taxes during the first half of this year, completing 50.1 percent of its annual target and 18 percent higher compared with the same period in 2016.
As many as 13,422 Facebook account holders are conducting trading activities through this social network, the Hanoi Taxation Department announced on June 20.
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