Tax & You (171) Tax policies of two main parties

During the upcoming election season on May 18, the two main parties introduced different tax policies on trust funds, loss-making investments, and increased tax values.

Mr Trinh Huu Loc Source: SBS Vietnamese

About trusts: Labor recommends a minimum tax of 50 percent, with beneficiaries over the age of 18, the Party does not change.

About the loss investment: Labor will apply from the beginning of 2020, while the Party will not change this policy.

About value added tax: Labor applied in early 2020, the Party did not change.