Avoiding Tax penalty during the finalization of corporate income Tax in 2024

Avoiding Tax penalty during the finalization of corporate income Tax in 2024

The finalisation of Corporate Income Tax (CIT) for 2024 is currently the main focus for the majority of businesses as the financial year has just ended. The process of determining revenue, deductible expenses, and income eligible for incentives when finalising CIT are issues that are often prone to errors and need to be noted. Companies […]

Major law changes on tax application and administration

Major law changes on tax application and administration

As with the fast-changing pace of the business and investment environment in the digital age, current legal regulations in Vietnam have revealed many limitations in administration and practical application to suit the development needs of new business models and the increase in average personal income. On November 30, 2024, the 8th session of the National […]