A meeting was held yesterday about the need to amend the Law on Corporate Income Tax to address its shortcomings, promote investment, and ensure a fair and efficient tax system.
The statement was issued in a written response to recommendations from voters of Bình Định, Hà Giang, Thái Nguyên, Trà Vinh, Tuyên Quang and Tây Ninh provinces regarding personal income tax.
The region is speeding up the progress to approve investment plans for multiple projects as part of a nationwide programme aiming to develop at least one million social housing apartments for low-income and industrial park workers
Phú Nhuận District has achieved the target of not having a single household under a HCM City poverty alleviation programme, according to its People’s Committee.
It is expected that Vietnam will no longer offer tax incentives such as corporate income tax exemption and reduction as of 2025 in a bid to improve the capacity of public finance for infrastructure investment, said Minister of Finance Ho Duc Phoc.