Tag: "tax"
Vietnam parliament approves zero taxes on fuel through June

Vietnam parliament approves zero taxes on fuel through June

Vietnam News 10:49 12/04/2026

Vietnam’s law-making National Assembly (NA) has passed a landmark resolution reducing taxes on gasoline and oil to zero until the end of June in a bid to stabilize domestic fuel prices amid volatile global energy markets.

Vietnam proposes 20% tax on profit from unlisted share transfer

Vietnam proposes 20% tax on profit from unlisted share transfer

Economy 17:18 30/03/2026

Vietnam's Ministry of Finance is proposing a 20-percent tax on profits from transfers of shares in unlisted companies, in a move to clarify the distinction between off-exchange equity deals and listed securities trading.

Spokesperson stresses Vietnam’s readiness for tax dialogue, cooperation with EU

Spokesperson stresses Vietnam’s readiness for tax dialogue, cooperation with EU

Vietnam News 20:11 22/02/2026

Spokesperson of the Ministry of Foreign Affairs Pham Thu Hang on Sunday clarified Vietnam’s reaction to the European Union (EU)’s addition of the country to the list of non-cooperative jurisdictions for tax purposes.

India imposes excise duty on cigarettes effective February 1

India imposes excise duty on cigarettes effective February 1

World 10:51 01/01/2026

NEW DELHI -- India has imposed an excise duty on cigarettes in a range of 2,050-8,500 rupees ($22.8-$94.5) per thousand sticks based on the length of the products, effective February 1, the finance ministry said in an order late on Wednesday.

Vietnam passes revised personal income tax law: real estate, gold transactions to be taxed

Vietnam passes revised personal income tax law: real estate, gold transactions to be taxed

Vietnam News 18:01 10/12/2025

Vietnam’s National Assembly approved the revised Personal Income Tax Law on Wednesday, introducing taxes on gold bullion transactions, real estate transfers, and household business income.

Swiss billionaire calls for higher tax on rich

Swiss billionaire calls for higher tax on rich

World 16:08 01/12/2025

ZURICH - A prominent Swiss billionaire has called for higher taxation of the rich as his country overwhelmingly rejected a proposal to introduce a 50% tax on inherited fortunes of 50 million Swiss francs ($62 million) and above.

Ho Chi Minh City court rejects Coca-Cola Vietnam’s lawsuit against taxman

Ho Chi Minh City court rejects Coca-Cola Vietnam’s lawsuit against taxman

Economy 14:55 28/11/2025

The Ho Chi Minh City People’s Court on Thursday rejected Coca-Cola Vietnam’s lawsuit against the General Department of Taxation, upholding the taxman’s decision to hold the company liable for a total of over VND821 billion (US$31 million) in fines and tax arrears.

Vietnam finance ministry proposes allocating 10% of tax surplus as bonus for tax officials

Vietnam finance ministry proposes allocating 10% of tax surplus as bonus for tax officials

Economy 09:51 15/10/2025

The draft amendments to the Law on Tax Administration include a proposal allowing tax authorities to retain 10 percent of the surplus tax revenue collected beyond the annual target set by the National Assembly and allocate it as a bonus to tax officials, Deputy Minister of Finance Cao Anh Tuan has revealed.

Vietnam customs defend $11.5mn tax, fine on S.Korea’s Posco VST over steel imports

Vietnam customs defend $11.5mn tax, fine on S.Korea’s Posco VST over steel imports

Economy 15:35 17/09/2025

Vietnam’s customs authority said on Tuesday it acted in accordance with the law when it imposed a VND304 billion (US$11.5 million) tax and penalty on Posco VST, after the South Korean-invested steelmaker failed to declare that imported duty-free steel had been diverted to the domestic market.

India proposes slashing taxes on small cars as Modi reform spurs stock market

India proposes slashing taxes on small cars as Modi reform spurs stock market

World 15:54 18/08/2025

NEW DELHI - India aims to slash taxes on small cars and insurance premiums as part of a sweeping reform of its goods and services tax (GST), a government source said on Monday, as Prime Minister Narendra Modi's plan sparked a rally in stock markets.

Vietnam signals cancellation of 20% tax proposal on real estate gains

Vietnam signals cancellation of 20% tax proposal on real estate gains

Vietnam News 10:17 02/08/2025

Vietnam’s finance ministry has indicated it will not propose a 20-percent personal income tax on real estate profits in its revised income tax law, and instead plans to retain the current two-percent levy on transaction value, officials said.

Indonesia to raise tax rate on crypto transactions

Indonesia to raise tax rate on crypto transactions

World 15:36 30/07/2025

JAKARTA -- Indonesia will raise taxes on cryptocurrency transactions, with a higher rate on trades hosted by overseas bourses, starting from August 1, according to a new finance ministry regulation.