From January 01, 2015, The tax rate applicable to incomes from real estate transfer is 2% of the transfer value and from securities transfer is 0.1% of the securities selling price of each transfer are the important contents in the Decree No. 12/2015/ND-CP dated February 12, 2015 of the Government detailing the implementation of the Law Amending and Supplementing a Number of Articles of the Tax Laws and amending and supplementing a number of articles of the decrees on taxes.
Also in accordance with this Decree, benefits in houses, electricity, water and associated services (if any), for houses built and provided by employers to their employees in industrial parks or houses built and provided by employers in economic zones and localities with difficult socio-economic conditions or particularly difficult socio-economic conditions to their employees are taxable objectives of personal income from 2015.
Other important contents about the regulations on tax rate of enterprise income tax. By the end of the 2015 tax period, enterprises having investment projects eligible for the preferential tax rate of 20% provided in Clause 3, Article 15 of this Decree will change to enjoy the tax rate of 17% for the remaining duration from January 1, 2016.
For handling of late tax payment, the Decree prescribes that taxpayers who pay taxes beyond the prescribed time limit, extended time limit, or time limit stated in notices or handling decisions of tax administration agencies shall fully pay tax amounts and late-payment interests at the per-diem rate of 0.05% of the late paid amounts. Late paid amounts detected through inspection or examination or detected by taxpayers themselves since January 1, 2015, are subject to the per-diem rate of 0.05%.
This Decree takes effect on January 01, 2015.
Source: luatvietnam.vn
