Headlines 21/12/2018 14:11 CH

Tax incentives for small and medium sized enterprises are effected

Kim Hằng

This is one of the tasks in the Resolution No. 150/NQ-CP that the Government assigns the Ministry of Finance to carry out research, submitting proposals and reports to the Prime Minister in January 2019.

In addition, the Ministry of Finance will be required to:

- Research and recommend certain support policies for extra small enterprises and enterprises transformed from business households to enterprises as provided in the Law on Support for Small and Medium Sized Enterprises;

- Direct the tax authority to robustly prevent and control losses, transfer pricing abuses and accrued taxes, discreetly check receivables and ensure state budget collection tasks in 2018 are accomplished more than expected;

- Enhance the inspection and audit of prices, taxes, fees and charges with particular attention paid to essential products and services;

- Imperatively cooperate with the Government’s Office in perfecting and requesting the Prime Minister to promulgate the Directive for strengthening of tasks of direction for restructuring, rearrangement, reform, equitization of and divestment of state capital from state enterprises;

- Strictly manage debt collection services.

For more details, please read the Resolution No. 150/NQ-CP dated December 13, 2018.

>> CLICK HERE TO READ THE ARTICLE IN VIETNAMESE

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