Many National Assembly delegates propose tax reduction for all types of press

On the morning of November 28, the National Assembly discussed in the hall the draft Law on Corporate Income Tax (amended).

The special role of the press needs to be considered.

At the discussion session, many delegates proposed reducing taxes for all types of press to 10%.

Delegate Thach Phuoc Binh ( Tra Vinh ) said that press agencies currently operate with non-profit goals but are still subject to the 20% corporate income tax rate like normal businesses. This causes great financial pressure, especially when advertising revenue is decreasing due to competition with digital platforms.

In addition, according to the delegate, the current Law on Corporate Income Tax does not have separate regulations for press agencies, leading to the application of tax rates like normal enterprises without considering the special role of the press.

Delegate Thach Phuoc Binh (Tra Vinh) speaks before the National Assembly (Photo: Pham Thang).

Mr. Binh proposed applying a preferential tax rate of 10% to income from non -political activities such as advertising and event organization.

At the same time, Mr. Binh also proposed exempting corporate income tax on sponsorships and aid for press agencies; having special support policies for local press agencies, especially in remote areas, where socio-economic conditions are difficult and financial autonomy is low or very low.

Sharing the same view, according to delegate Pham Van Hoa (Dong Thap), the press is currently operating with great difficulty, not only do 800-900 press agencies compete with each other, but they also have to compete for advertising with digital platforms.

The delegate said that the income of reporters and the operation of the editorial office are currently very difficult. Mr. Hoa proposed to classify the press as small and medium-sized enterprises to receive tax incentives.

Opportunities to support press agencies to do their jobs better

Regarding this issue, delegate Do Chi Nghia (Phu Yen) said that journalism is a political and social activity, playing a very important role in orienting public opinion.

However, the delegate said that press operations are currently facing many difficulties; the lives and incomes of staff and reporters have declined significantly and the operations of press agencies are facing many challenges.

According to delegates, press agencies are facing pressure to compete for information on social networks and from other sources of information, requiring much better quality press information and more investment of effort.

Delegate Do Chi Nghia (Phu Yen) proposed reducing taxes for all types of press to 10% (Photo: Pham Thang).

The delegate said that the reduction in income also greatly affected the press agencies and the minds of many journalists who love their job. If the Drafting Committee conducted a survey, it would be clear that the press's income has decreased and the lives of journalists are difficult.

“The nature of journalism is working day and night, especially for female reporters, it is very difficult; even a small reduction in income will greatly affect the spirit and life of women. Women also love their jobs, are passionate about their work, but they also have to take care of their families, their children's education, and their living needs,” said delegate Nghia.

The delegate affirmed that this tax reduction will be an opportunity to support press agencies to better perform their duties.

Mr. Nghia proposed reducing taxes for all types of press to 10%. “This will be a strong encouragement for press agencies and when taxes are reduced, it will increase trust, increase cultural values, and create more enthusiasm and love for the profession for journalists,” he said.

Dantri.com.vn

Source: https://dantri.com.vn/xa-hoi/nhieu-dai-bieu-quoc-hoi-de-nghi-giam-thue-cho-tat-ca-loai-hinh-bao-chi-20241128101742535.htm