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信息来源: 发布时间:2024-03-26 22:25:37 【字体: 视力保护色:

MoF rejects tax calculation changes

The Ministry of Finance has rejected a HCM City Taxi Association’s proposal on reducing VAT imposed on traditional taxis from  一0 per cent to  五 per cent. — Photo congthuonghcm.vn

HÀ NỘI — The Ministry of Finance has rejected a proposal from traditional taxi companies that the Government cut value added tax (VAT) for them from the current  一0 per cent to  五 per cent.

The ministry said according to the reform strategy on tax system during  二0 一 一- 二0, VAT would stand at only one rate of  一0 per cent for all kinds of businesses. VAT will be at  五 per cent only for essential goods and at 0 per cent for export goods.

Therefore, there was no basis to accept the HCM City Taxi Association’s proposal on cutting VAT to  五 per cent as well as its complaint that traditional taxis were paying more kinds of taxes and fees against Grab and Uber cars, the ministry said.

According to statistics of tax offices in HCM City, the ministry said corporate income tax paid by taxi companies in the city accounted for only 0.0 一-0.0 六 per cent of their total revenue.

MoF rejects tax calculation changes

The association also proposed all turnover of Grab and Uber cars be taxable, but the ministry said the existing method of calculating tax incurred by Grab and Uber cars was appropriate.

The ministry said if  一00 per cent of turnover from transporting customers of the app-based taxis was taxable income, it would be overlapping and unreasonable taxation. Uber only gets  二0 per cent of turnover from transporting customers and the remaining  八0 per cent would go to organisations and individuals that had business contracts or agreements with Uber.

According to an official letter sent by the ministry to the association, existing regulations on tax, including rate of tax, investment preferential conditions and tax exemption or reduction, are consistently applied for all kinds of enterprises. — VNS

MoF rejects tax calculation changes

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