Vietnam Prosperity Joint Stock Commercial Bank is among the largest corporate income taxpayers in 2022. (Photo: VNA)
Hanoi (VNA) – The General Department of Taxation has announced thelist of top 1,000 corporate income taxpayers (V.1000) in Vietnam in 2022.
According to the department’sstatistics, taxes paid by those enterprises accounted for 58.2% of thetotal State budget revenue from this source, and equivalent to 85.1% of that paid byfirms in the 2021 V.1000 list.
The firms include those established under Vietnamese law, foreign enterprises,and other organisations with income subject to the Vietnam Law on CorporateIncome Tax.
As many as 301 businessesmade their names to the V.1000 list for seven years in a row.
Ten largest tax payers inthe list are Vietnam Prosperity Joint Stock Commercial Bank (VP), Viettel MilitaryIndustry and Telecoms Group (Viettel), Honda Vietnam Company Limited, Joint StockCommercial Bank for Foreign Trade of Vietnam (Vietcombank), Vietnam𒁃 Bank forAgriculture and Rural Development (Agribank), PetroVietnam Gas Joint StockCorporation, Joint Stock Commercial Bank for Investment and Development ofVietnam, Samsung Electronics Vietnam Thai Nguyen Company Limited, MilitaryCommercial Joint Stock Bank, and Mobile World Joint Stock Company./.
Vietnam is studying and adjusting its investment policies to adapt to the global minimum corporate income tax which is scheduled to be applied from 2024, said Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc.
The Ministry of Finance has proposed corporate income tax rate on small and micro-sized enterprises be lowered than the common rate in an effort to support them to overcome the difficult time and promote their development.
The tax sector collected more than 1,048 trillion VND (nearly 43 billion USD) for the State budget in the first nine months of 2023, equivalent to 76.3% of the estimate for the whole year and 94.9% compared to the figure in the same period last year, the General Department of Taxation reported on October 4.
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Vietnam Prosperity Joint Stock Commercial Bank is among the largest corporate income taxpayers in 2022. (Photo: VNA)
