Switching from lump-sum tax to declaration helps to create transparency and modernize tax management, but requires a clear roadmap and appropriate support to make it easy for business households to convert...
Dr. Alex Pham, who holds a Ph.D. in Property Economics, is a Lecturer at Western Sydney University, and is General Director of FINA, said that one of the main reasons for losses of tax revenue in real estate transactions in Vietnam is a lack of transparency. He suggested it could learn from models in neighboring counties such as Thailand, Malaysia, and Indonesia.