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Thorny issue for tax authority remains after Uber left Vietnam

At the recent semi-annual meeting of the taxation sector, Tran Ngoc Tam, Head of the Taxation Department of Ho Chi Minh City admitted that they are coping with difficulties in Uber's tax collection as the company had sold all of its business operation in Vietnam to Grab.

Weak linkages between domestic and FDI businesses still exist

The linkages between domestic and foreign direct investment (FDI) business have not been as good as expected, even weaker than Laos and Cambodia, resulting in a low development of supporting industries and technology transfer.

Tax incentives can exacerbate risk of tax losses from transfer price of businesses in the SEZs: Oxfam

Vietnam National Assembly and the Government should carefully review tax incentives in future special economic zones to avoid budget losses and negative socio-economic impacts, according to Nguyen Thu Huong, senior manager of Oxfam.

Tax policy reforms still obstruct real estate businesses

The reform process of the tax policies related to real estate has recently encountered with adverse reactions from the public opinion as it is expected to create the barriers for businesses in this area.

Ministry of Finance clarifies tax calculation method for Uber, Grab

New ride-hailing apps such as Uber and Grab are coming under criticism from traditional taxi companies in Vietnam, who claim that tax policies give them preferential treatment.

High taxes on real estate may prevent speculation, corruption and money laundering

"An economy with low real estate prices will guarantee sustainable economic development,” said Prof. Dang Hung Vo, former Deputy Minister of Natural Resources and Environment.

Tax officials to act as customers to track down tax-evading retailers on Facebook

Tax Department of Ho Chi Minh City has decided to adopt practical measures to collect taxes from online retailers on Facebook.

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