Tax

Tax

Time to rethink trade promotion policies

The abolition of the tax exemption policy for low-value imported goods is a necessary step to strengthen regulatory control and create a fair competitive environment between imported and domestically produced goods. However, the complete removal of this exemption also raises challenges in enforcement and the risk of financial burdens on consumers and small businesses.

To facilitate the value - added tax refund process

Value Added Tax (“VAT”) refunds are a significant aspect of business operations, particularly for import-export enterprises. However, numerous businesses continue to face challenges and obstacles in the refund process. It can be said that VAT refunds hold substantial significance for businesses, as the refunded amount can constitute a significant portion of a large company's cash flow.

Tax Debt: Enterprises at risk of dissolution

Tax is one of the obligations of enterprises in the process of business operation, late tax payment can lead to many unfortunate consequences for enterprises. In this article, Lawyer Nguyen Nhat Duong will share and mention the risks of enterprises with tax arrears having their enterprise registration certificates revoked and being forced to dissolve.

Businesses face difficulties in implementing of VAT reduction policy

In this article, Trainee lawyer Cao Nguyen Bao Lien discusses the difficulties businesses face in determining whether or not their industries and services are eligible for VAT reduction. Even when businesses consult tax authorities on this issue, there are still differences between local tax authorities.

How to properly manage taxes in livestream activities?

On June 4, 2024, the General Department of Taxation also promulgated official telegram No. 01/CD-TCT to check the tax declaration and payment for individuals who livestream sell goods

Draft of law on amendments to the Law on Value Added Tax and regulations that may affect businesses

The article is made in collaboration between VCCI-HCM and HM&P Law Firm. In this article, HM&P would like to mention some new points in the Draft of Law on amendments to the Law on VAT so that businesses can pay attention to their activities.

The issue of implementating vat on L/C services

In this article, Lawyer Nguyen Nhat Duong and Cao Nguyen Bao Lien (HM&P) will focus on the analysis of the appropriateness of applying VAT to L/C services at current credit institutions. The article was published in The Saigon Times No. 12-2024, dated on March 21, 2024.

Resolution No. 107/2023/QH15 on global minimum tax: Important points for enterprises

The article is made in collaboration between VCCI-HCM and HM&P Law Firm. In this article, HM&P would like to provide some notable points that enterprises need to pay attention to from the moment the Resolution 107 comes into effect on January 1, 2024. Besides, this article was published in the Legal Electronic Magazine on February 5, 2024.

Rules on related party transactions of the company – It is time to amend and supplement

In this article, HM&P will highlight some limitations and inconsistencies in the provisions of Decree 132 on interest expenses that need to be amended by the relevant authorities in the near future. This article was published in the Legal Electronic Magazine on December 12, 2023.

Investment law perspective on Vietnam's response to global minimum tax

In this article, we will share some views on the additional solutions and policies that Vietnam could implement for enterprises after the tax policies are legislated domestically, viewed through the lens of the Law on Investment 2020.

Office