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VN mulls easing tax burden on individual landlords

Share An individual must pay tax of 10 per cent when gaining a turnover of more than 100 million dong ($4,255) per year from renting a house or an apartment in Vietnam. VIETNAM NEWS AGENCY VN mulls easing tax burden on individual landlords Thu, 27 May 2021 The Vietnamese Ministry of Finance’s General Department of Taxation (GDT) is studying a proposal on increasing the threshold of taxable revenue for individual landlords renting out houses. This is a part of the programme on amending the Value-added Tax (VAT) Law that the general department is consulting with experts, said Ta Thi Phuong Lan, deputy head of the GDT’s Tax Administration Department of Small, Medium Enterprises, Business Households and Individuals.

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