NEWSLETTER SEPTEMBER 2023
Tax Policy VAT deduction On 4 October 2023, the Government issued Resolution No. 164/NQ-CP with the following remarkable content: The Ministry of Finance has proposed to the National Assembly continue to apply 2% VAT reduction in the first half of year 2024. The national Assembly Standing Committee will consider and decide to apply it in case the economic and business situation remain weak and report to the Prime Minister before 7 October 2023. 30% reduction of land rent payable in 2023 On 3 October 2023, the Prime Minister issued Decision No. 25/2023/QD-TTg with some notable points below: – 30% reduction...