Vietnam to Avoid 'Gaps' in 30% Tax Cut for Small Businesses
Economy

Vietnam to Avoid 'Gaps' in 30% Tax Cut for Small Businesses

Vietnam's National Assembly is considering a 30% income tax cut for small businesses and individual traders from 2026-2027. However, concerns have been raised that the proposed revenue threshold of VND 10 billion (approx. $400,000) could create unintended tax 'gaps,' prompting calls for careful review of the policy's design.

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