Controversial asset tax not yet on Gov’t agendaVietNamNet Bridge – Finance minister Dinh Tien Dung on Tuesday said that the controversial asset tax will not be on the agenda at least until the next National Assembly (NA) semester, or 2021. More recently, the Politburo in 2016 issued Resolution 07 on the restructuring of the State budget and public debt management which proposed research to apply an asset tax. Dung said that the new asset tax had sufficient legal basis to be brought to the table for serious discussion, which he even considered “already late”. The debate on the asset tax broke out in April, following reports that the Ministry of Finance had prepared a draft law to tax houses and cars. It will be a long time until (the law) makes it to the National Assembly,” Dung said.

Source: VietNamNet News May 23, 2018 09:11 UTC