reduction

According to the Ministry of Finance (MoF), it is expected to implement solutions to relax, reduce, and extend tax and land rent in order to support businesses and individuals in 2023 totaling an agggreate of approximately 200 trillion VND, of which exemption and remission accounts for 79 trillion VND and the extension takes up for 121 trillion VND.

With some questions related to the reduction of value added tax from 10% to 8%, the Ministry of Finance said that the tax authorities have actively participated, from guiding implementation to removing obstacles. People and businesses should read the instructions carefully to benefit from this policy.