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Dr. Ngo Tri Long: Both options on calculating personal income tax are unreasonable

According to economist Ngo Tri Long, both options on changing the calculation methods of personal income tax proposed by the Ministry of Finance (MoF) are irrational.

MoF proposes two options on personal income tax calculation

The Ministry of Finance (MoF) has transferred the draft law on amendment of tax laws, including personal income tax (PIT), to the Ministry of Justice for evaluation before reporting to the Prime Minister for consideration and submission to the National Assembly in 2018.

The elimination of tax audit could create a legal loophole for avoidance of tax

The Vietnam Chamber of Commerce and Industry (VCCI) says the elimination of personal income tax audit may lead to tax avoidance.

Should bank deposit interests be taxed?

The proposal to tax bank deposit interest is controversial among experts and the public.

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