Archive for December 20th, 2005
No change in SCT on dancing clubs, massage, karaoke
The Ministry of Finance yesterday December 18 issued a decision to maintain the special consumption tax levied on the services of dancing clubs, massage, and karaoke at 30%, [...]
» More
Taxes on prize-based electronic games
According to the tax structure (value added tax, corporate income tax and special income tax) levied on prize-based electronic games that has been issued by the Ministry of [...]
» More
SCT on outsourcing goods
According to the General Department of Taxation, in case businesses do the outsourcing goods used materials that have already paid special consumption tax at the import [...]
» More
No CIT for increase of fixed assets at time of equitisation
The General Department of Taxation issued an official letter on December 12 stating that joint stock companies transformed from state-owned enterprises are written increasing [...]
» More
VAT on radio and television broadcasting programmes
Radio and television broadcasting programmes using state budget sources will not have to pay value added tax. However, according to an official letter on December 5, for [...]
» More
CIT on sale agent commissions with invoices
Business households that act as agents selling at the correct price and receiving commissions but do not fulfil accounting regimes will have to pay a corporate income tax [...]
» More
PIT on bonuses
The General Department of Taxation stated that bonuses involved in working achievements and Lunar New Year [Tet] bonuses and payments for official holidays that employees [...]
» More
One million dong excise taxes on subsidiaries
Households or businesses that do not obtain or obtain registered dealer certificates (RDC) but do not have registered capital have to pay one million dong of excise taxes per [...]
» More
PIT on part-time earnings from private sector
The General Department of Taxation stated that individuals belonging to state-owned enterprises are only exempted from personal income tax for part-time earnings from the [...]
» More
Contractor tax on overseas provider for Vietnamese businesses
Foreign sale agents that provide (goods) delivery services in abroad for businesses specialised in selling goods in Vietnam will have to pay corporate income tax for service [...]
» More
Registration fees exempted for assets of ODA projects
Under an official letter on December 8, businesses directly work out non-refundable official development assistant (ODA) projects. When making the registration of ownership [...]
» More
Registration fee for seven-seat or less vans
According to the General Department of Taxation, entities and individuals who trade passenger transportations will only have to pay a registration fee of 2% for seven seat or [...]
» More
Thai-backed rehab centre for drug addicts opens in Laos
After a four-year wait, a Thai government-sponsored Drug Addicts Rehabilitation and Treatment Centre has finally been set up in the southern Lao province of Champassak to [...]
» More
Laos is Southeast Asia’s hidden gem
Oh! What a delightful paradise of idleness! Marie Bassen, the French wife of a local doctor, wrote in her journal in 1909. Will Luang Prabang be, in our century of exact [...]
» More
Cambodia Needs $18 Million For Bird Flu Fight
Cambodia, a potential flashpoint for a feared human bird flu pandemic, will need $18 million over the next 6-18 months to boost its defences against the virus, the United [...]
» More
