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tax rates

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.

It’s time for biodegradable plastic bags in Vietnam

The environmental protection tax on plastic bags are expected to increase from VND30,000-50,000 to VND40,000-200,000 per kilo. The new tax rates would help change consumption habits and offer opportunities to biodegradable bag manufacturers.

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