The government has issued a decree guiding the National Assembly's resolution on cutting personal income tax and corporate income tax, effective from 29 October. Under it, household businesses and enterprises with annual revenue of up to 10 billion VND get a 30% reduction in tax for this year and next; if revenue exceeds 10 billion VND, they must pay back the reduced tax. Taxpayers determine the reduction themselves when paying tax quarterly or per declaration period, and for 2026, reductions not yet declared will be applied at annual finalization. According to the Ministry of Finance, 99.98% of household businesses and about 81.11% of enterprises are eligible. The policy is expected to reduce state budget revenue by about 6,700 billion VND over 2026–2027.
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Original headline: Giảm 30% thuế: Hơn 81% doanh nghiệp, 99,98% hộ kinh doanh hưởng lợi
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Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 10/30/2026 | 1,741.62 |
| Change that session | -0.80% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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