Highlight - Resolution 63 and Circular 119

On 25 August 2014, the Government and the Ministry of Finance have released two important regulations providing significant reforms in terms of tax administration procedure and a number of tax relief measures for enterprises. We would like to outline below some worthy notes.

  • Resolution No. 63/NQ-CP on a number of tax relief measures for enterprises to overcome difficulties and promote further development
  • Circular No. 119/2014/TT-BTC on reforming and simplifying tax administration procedure