03 January, 2025
Law No. 56/2024/QH15 amending 9 laws (Law on Securities, Law on Accounting, Law on Independent Auditing, Law on State Budget, Law on Management and Use of Public Assets, Law on Tax Administration, Law on Personal Income Tax, Law on National Reserves, and Law on Administrative Penalties) was issued on 29 November.
In this NewsBrief, we highlight some key changes made to the Law on Tax Administration and Law on Personal Income Tax. Most of these changes will be effective from 1 January 2025.