Some 37,000 businesses switched bet88 slot revenue-based tax

Starting June 1, approximately 37,000 households and individual businesses nationwide in Vietnam will officially transition bet88 slot paying taxes based on actual revenue, replacing the long-standing lump-sum tax method.

Under the Government's Decree 70/2025/ND-CP, amending and supplementing Decree 123/2020/ND-CP on invoices and official documents, that took effect on June 1, tens of thousands of businesses with annual revenues of VND1 billion (about ,400) or more in sectors such as food and beverage, restaurants, hotels, supermarkets, and retail will no longer pay lump-sum taxes.

These businesses will switch bet88 slot issuing electronic invoices generated from cash registers connected bet88 slot the tax authorities' database.

According bet88 slot the Tax Department, this transition will directly affect around 37,000 households and individual businesses currently paying taxes under the lump-sum method and belonging bet88 slot the high-revenue group.

The implementation of electronic invoices from cash registers is a step in the process of modernizing tax administration, replacing the lump-sum tax method, and increasing transparency in business activities.

Households and businesses that fail bet88 slot implement the regulations risk administrative penalties and even business interruption due bet88 slot invoices not being legally accepted.