National Assembly passes amended Law on Special Consumption Tax
VOV.VN - With a majority of votes in favour, the National Assembly passed the amended Law on Special Consumption Tax during its morning session in Hanoi on June 14.
VOV.VN - The National Assembly passed the amended Corporate Income Tax Law in Hanoi on June 14 with 94.56% of votes in favour.
The law consists of 4 chapters and 20 articles, and will take effect from October 1, 2025, applying to the 2025 tax year.
The amendments aim to build a transparent legal framework that encourages investment and business activities. Tax incentives are designed to be targeted to avoid wasteful dispersion.
Preferential tax treatments are clearly defined, with cross-references to other laws such as the Laws on Investment, Science & Technology, Digital Industry, and Chemicals.
According to the law, a 10% tax rate for 15 years will be applied to new projects in high-tech, software, cybersecurity, and supporting industries; renewable energy, clean energy, and environmental protection; water and power plants; projects in high-tech zones, agricultural tech parks, and digital tech hubs; and agricultural & aquatic processing, education, healthcare, sports & culture, environmental services, social housing, and press & publishing.
A 17% tax rate will be applied for a period of 10 years to the following sectors: production of high-grade steel and energy-efficient products; manufacturing of machinery for agriculture, forestry, and aquaculture; automobile production; development of digital industries; and infrastructure projects that support small and medium-sized enterprises (SMEs).
Tax rates of 15% and 17% will also be applied according to business size, specifically for small enterprises with annual revenue of less than VND3 billion and medium-sized enterprises with revenue ranging from VND3 to 50 billion.
VOV.VN - The National Assembly is scheduled to pass a resolution on the reorganisation of provincial-level administrative units on June 12, according to the revised work programme of the current ninth session of the legislature.
VOV.VN - Deputies to the current session of the National Assembly are scheduled to discuss a draft resolution on amendments and supplements to some articles of the 2013 Constitution on June 13 afternoon.
VOV.VN - With a majority of votes in favour, the National Assembly passed the amended Law on Special Consumption Tax during its morning session in Hanoi on June 14.
.JPG&w=640&q=100)
Bình luận
Bình luận của bạn sẽ được xét duyệt trước khi đăng