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Vietnam Reduces Business Tax On Labour Intensive Enterprises

2011/8/18 9:28:00 58

Vietnamese Intensive Enterprises To Reduce

The Vietnamese parliament passed the reduction in August 6, 2011.

enterprise

And labour intensive enterprises such as agriculture, forestry, fishery and processing enterprises, textile garments, shoemaking, electronic spare parts manufacturing and public infrastructure, etc., this year should be paid 30% of business tax (excluding lottery companies, Real Estate Company, securities companies, financial business companies, production and operation of special consumption tax applicable commodities companies and insurance companies, etc.).


The National Council also maintained 2010 in the third quarter to the end of 2011.

Do business

The price of business self-employed, residential workers, workers and student dormitories, family nursery workers, factory convenience workers, such as the reduction of 50% business value added tax, personal income tax and business tax.


Exemption from August 1, 2011 to December 31, 2012

A monthly salary

9 million personal income tax below the shield.

Exemption from individual income tax on dividends paid by securities investment retail investors (except for dividends from banks, investment funds and credit organizations).

From August 1, 2011 to December 31, 2012, the 50% personal income tax on the pfer of securities investment retail stocks was also reduced.

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