VATupdate

Share this post on

Prime Minister Proposes Raising Tax Threshold for Household Businesses, Urges National Assembly Support

  • Prime Minister Le Minh Hung urged National Assembly deputies to support raising the tax threshold for business households.
  • He emphasized the importance of promptly addressing urgent economic and social issues, including resolving long-standing project obstacles to free up resources for development.
  • The government is committed to incorporating and responding to deputies’ feedback in the draft amendments to tax laws.
  • The proposed changes aim to create a more supportive business environment and encourage local authorities to act decisively and responsibly.
  • The Prime Minister highlighted the need for swift action on tax law amendments, especially regarding personal income tax, VAT, and special consumption tax.

Source: baochinhphu.vn

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



Sponsors:

VAT IT

Advertisements:

  • RTC
  • Pincvision