Grab drivers in Hà Nội. Many in the capital city believe the tax threshold needs to be increased. — Photo 24h.com.vn HÀ NỘI — Grab drivers say they pay too much tax – and are calling on government officials to reduce the amount. Around 100 drivers met with tax officials last week and delivered a petition claiming the amount they pay is too much. Drivers who earn VNĐ100 million (US$4,300) annually must pay 4.5 per cent of their revenue in taxes. The petition was organised by 50-year-old Hoàng Mi Sên from HCM City who feels this amount is unreasonable. He said those who drive on two wheels instead of four have more challenges and should be given a tax reduction. “Two-wheel driver face higher risks of traffic accidents,” said Sên, who has been driving for the app-based company for five months and has been a motorbike taxi driver for more than five years. “We face more problems than other forms … [Read more...] about Grab drivers want to put the brakes on tax
Kansas city tax attorney
Caught between a rock and a hard place According to Jean Tran Thanh Van who is chairman of the Rencontres du Vietnam Association, when he returned to Vietnam from France 10 years ago to establish ICISE, Mr. Vu Hoang Ha--former Secretary of Binh Dinh Provincial Party Committee had promised to assign him 14.6ha of land, exempted from all leases and taxes in Quy Hoa valley, Quy Nhon City to support his cause. However, the Tax Department of Quy Nhon City has repeatedly been demanding tax money imposed on the piece of land along with late-payment penalties. Talking to SGGP’s reporter, Jean Tran Thanh Van said the ground was and has been used for educational, scientific and environmental purposes, and not to be exploited for profit whatsoever. Mr. Dao Huu Phuc, Deputy Director in charge of the Tax Department of Binh Dinh Province, told the outlet: “Previously, Quy Nhon City Tax Department had only issued tax notices as a procedure without actually collecting any money. … [Read more...] about Science facility in Quy Nhon faced with land value taxes
Making a suggestion to the Ministry of Finance’s plan to increase sources of revenue, the HCM City People’s Committee proposed levying a luxury tax on mobile phones, cosmetics and perfume. “If the idea comes true, Vietnam will become the first country in the world to impose a luxury tax on mobile phones,” one commenter said on an Internet forum. Nguyen Thanh Binh from the Ministry of Planning and Investment’s (MPI) Institute for Policies and Development also said the idea needs thorough consideration, saying that this taxation is not applied in developed or developing countries, or countries in Southeast Asia. Truong Ba Tuan, head of the Institute of Information Policy Strategy, said that South Africa imposes a luxury tax on mobile phones, but the policy faces strong opposition. As for cosmetics, Tuan said, luxury taxes are applied in some countries, including Thailand and Indonesia, while most developed countries don’t tax products. SCT, by nature, … [Read more...] about Will mobile phones bear a luxury tax?
Dr Nguyen Thanh Binh of the Ministry of Planning and Investment’s Institute of Policy and Development said the proposal should be carefully considered since no other country levies a luxury tax on mobile phones. The nature of such a tax is to hit luxury goods or discourage consumption of goods that use up foreign currency for imports or harm the environment or human health, he explained. "We have to ask ourselves whether mobile phones are essential or luxury, and what effect it has on the environment and health." Mobiles are now ordinary goods used by everyone, he said. The city people's committee has recently sent to the Ministry of Finance suggestions for a draft proposal on "expanding the tax base and preventing erosion of state revenues." It said mobile phones are not luxury goods but not "very essential" either, and so it wants to regulate consumption to ensure it is "reasonable." It also called on lawmakers to add items such as cameras, perfumes, cosmetics, gaming services, … [Read more...] about City proposal to slap luxury tax on mobile phones raises hackles
Saigon Beer, a product of Sabeco. HCM City’s tax authority decided to suspend its decision to collect Sabeco’s tax bill of VNĐ3.14 trillion ($315 million). — Photo cafef.vnViet Nam News HÀ NỘI — The Tax Department of HCM City has decided to suspend its decision to collect VNĐ3.14 trillion (US$134.8 million) from Sài Gòn Beer-Alcohol-Beverage Corporation (Sabeco) for the company’s special sales tax violations. The suspension was made following the Government Office’s official letter, dated January 2, in which Prime Minister Nguyễn Xuân Phúc requested the Ministry of Finance and the People’s Committee of HCM City to direct the City’s Tax Department to suspend enforcement in the case. On December 24, the HCM City Tax Department announced payment of VNĐ3.14 trillion was due for Sabeco’s overdue payments and monetary penalties for special sales tax in the period from 2007-15, … [Read more...] about HCM City’s tax authority suspends enforcement decision against Sabeco