Tax authorities will run an intensive information and support campaign to guide small businesses in implementing the policies, including filing and paying taxes under the principle of self-declaration and self-payment.
The Philippines’ decision to slash rice imports during its peak harvest season is expected to pressure Vietnamese prices during the winter–spring harvest.
Việt Nam says it is improving tax transparency and implementing a national action plan to carry out OECD recommendations and expand tax cooperation with partners, including the EU.
The annual survey, conducted at the end of 2025 among retail and food and beverage (F&B) sellers nationwide, found that businesses are shifting focus from rapid growth to operational efficiency, cost control and legal compliance amid intensifying competition and tighter...
The draft sets out tax policies for crypto asset transactions and business which align largely with the current taxation framework applied to securities trading.
Imported rice needs to arrive on or before the end of February so it does not coincide with the bulk of the harvest in March and April, according to the Philippine Department of Agriculture (DA) Assistant Secretary Arnel de Mesa.
Designed to be simple and user-friendly, they help optimise payments, sales management, electronic invoicing, and banking connectivity, facilitating the digitalisation of business activities.
New small and medium-sized enterprises (SMEs) are exempted from corporate income tax (CIT) for their first three years of operation under a new Government decree which aims at promoting the development of the private sector.
Between 2020 and 2025, authorities nationwide detected and handled about 120,000 - 190,000 cases of smuggling, trade fraud and counterfeit goods each year with trade fraud accounting for the largest share of around 79-88 per cent.
Under the amended Law on Personnal Income Tax, the personal deduction will rise to VNĐ15.5 million (US$590) per month from VNĐ11 million at present. Taxpayers are also entitled to mandatory insurance deductions and contributions to charity and humanitarian funds.