News

UHY – Taxflash No 01/2025 on VAT Law No. 48/2024/QH15

On 26 November 2024, the National Assembly approved the VAT Law No. 48/2024/QH15 ("VAT Law No. 48"), which will take effect from 1 July 2025...

UHY-Taxflash no 12/2024 on Law no. 56/2024/QH15 dated 29/11/2024

This Taxflash summarises some of the salient points of the Law No. 56/2023/QH15 amending and supplementing a number of articles of 9 laws...

UHY – Taxflash no 10/2024 on VAT and CIT

According to Official Letter No. 3552/TCT-QLN dated 13 August 2024 of the General Department of Taxation, the amount of VAT refund recollection is subject to debt relief according to regulations because this is a revenue of the state budget collected by the tax authority....

UHY – Taxflash no 06/2024

Based on the conclusions and recommendations of the Government Inspectorate, the General Department of Taxation issued Official Letter No. 1336/TCT-TTKT on 2 April 2024 requesting Tax Departments to enhance verification of cases ...

UHY – Taxflash no 03/2024

This Newsletter provides  the folowing personal income tax (PIT) updates: . PIT audit reinforcement Deduction of social insurance paid overseas Dpendent relief 2023 PIT Finalisation To download the English version, please click here UHY AUDITING AND CONSULTING COMPANY LIMITED Mr. Nguyen Trung Thanh – Deputy...

Taxflash no 01/2024

The January 2024 taxflash Issue includes the following main contents: Corporate Income Tax (CIT) Tax incentives regarding income unrelated to the investment project’s business activities Deductibility of accrued expenses Deductibility of interest expenses due Value added tax (VAT) & invoices 2% VAT rate reduction within...

Taxflash no 12/2023 – Vietnam to apply global minimum tax from 2024

On 29 November 2023, the National Assembly ratified the Resolution on additional corporate income tax (CIT) preventing tax base erosion (global minimum tax). Accordingly, Vietnam officially applies the global minimum tax rules from 1 January  2024. We would like to summarize some salient contents of...

TaxFlash No 11/2023 on VAT & FCT

Draft Resolution on 2% VAT reduction in 2024...

UHY – Taxflash no 11/2023

The General Department of Taxation provides in its Official Letter No. 4758/TCT- DNNCN dated 26 October 2023. Letter No. 4172/TCT-DNNCN dated 20 September 2023....

UHY – Taxflash no 07/2023

On 30 June 2023, the Government issued Decree 44/2023/ND-CP (Decree 44/2023) stipulating the VAT reduction policy according to Resolution 101/2023 /QH15 dated 24 June 2023 of the National Assembly....