Newsletter Vietnam - July 2018

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Category: 2018

Published on Wednesday, 25 July 2018 11:09

Written by Lý Trà My

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Tax Update

• Value added tax ("VAT") refund on export of imported goods
• Cancel the regulations on preferential treatment of 50% reduction of personal income tax ("PIT") on taxable incomes of persons working in economic zones.
• Via-bank payment documents to VAT refund of exported goods.
• PIT on income of non-resident individuals.
• Declaring VAT for the project and business activities separately.
• Exemption of seal of the seller on banking service invoices.
• No tax code will be restored after being closed to status 03 by the tax office.
• Use the tax code on the invoice as the original
• Penalties for late payment of PIT over 5 years
• Tax policy for capital transfer activities.
• VAT refund and deduction for invoices declared in the wrong period.

English version: Newsletter - July 2018 (PDF)
Vietnamese version: Newsletter - July 2018 (PDF)

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