Furniture makers seek tax break

The Viet Nam Timber and Forest Products Association said its members proposed a tax reduction on timber used to make furniture.

A detailed proposal would be sent to the Ministry of Finance (MoF) next week, the association said.

The MoF previously issued a dispatch asking for a tax increase of up to 20 per cent on timber and timber-based products.

Taxes on wooden ties and chopped farmed-timber must be increased to avoid speculation from foreign companies.

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Posted by VBN on Jun 18 2011. Filed under Construction. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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