formosa eyes import tax break

Formosa eyes import tax break

Taiwan’s Hung Nghiep Formosa Ha Tinh Steel Limited Company, a subsidiary of Formosa Plastics Group, has proposed it be exempt from paying import taxes on its project.
fdi firms accused of tax dodges

FDI firms accused of tax dodges

The southern province of Dong Nai is regarded as a hotspot for foreign direct investment (FDI) in Vietnam.
fdi firms exploit tax loopholes

FDI firms exploit tax loopholes

A number of foreign enterprises have been accused of avoiding corporate income tax when selling shares to other companies.
intel factory cleared of tax evasion

Intel factory cleared of tax evasion

The Ministry of Finance has  confirmed that the US-based chip maker Intel Vietnam did not evade tax on a recent capital transfer deal.
tax crackdown nets fdi enterprises

Tax crackdown nets FDI enterprises

A tax management crackdown was thought to have resulted in higher tax contributions from foreign-invested enterprises.
nam viet suffers tax recalculation

Nam Viet suffers tax recalculation

The Ho Chi Minh City Department of Customs decided on November 20 to officially apply a compulsory tax on Nam Viet Oil Company, collecting the funds by a direct withdrawal from one of its accounts with VPBank.
vietsovpetro may escape back tax threat

Vietsovpetro may escape back tax threat

The Vietnam-Russia petroleum exploration and production joint venture Vietsovpetro may not be required to pay back taxes on machinery and equipment imports between July 2007 and the end of 2008.
tax expert defends refund reliability

Tax expert defends refund reliability

Deputy head of the General Department of Taxation’s Tax Policy Department Vu Van Cuong shines light on Vietnam’s tax refund context.
vietnam hosts regional tax conference

Vietnam hosts regional tax conference

The 21st annual Asia-Oceania Tax Consultants Association (AOTCA) conference was held in Vietnam for the first time on October 16-18.
authorities suspicious of suzuki tax scandal

Authorities suspicious of Suzuki tax scandal

Dong Nai tax authorities are considering opening a tax investigation into Suzuki Vietnam as the company’s continuous losses do not reflect its confident investment attitude.

Tax exemption for Formosa project equipment

Deputy Prime Minister Nguyen Sinh Hung has just given the nod to a Ministry of Finance proposal regarding tariff exemptions for  a $16 billion Formosa’s steel and port complex project.
apple us lawmakers in offshore tax showdown

Apple, US lawmakers in offshore tax showdown

Apple and US lawmakers are gearing up for a showdown over taxes -- specifically how to deal with the huge stockpile of cash held by Apple and other multinational firms offshore.
codes to boost state tax coffers

Codes to boost state tax coffers

Vietnam Tax Consultants’ Association chairwoman Nguyen Thi Cuc highlights the need for all citizens to receive tax codes to combat tax avoidance.
vietnam wishes for increased tax transparency

Vietnam wishes for increased tax transparency

Vietnam is one of the leading countries with a massive of 94 per cent of businesses looking to increase tax transparency.
legislator cut enterprise income tax

Legislator cut enterprise income tax

  Law makers on April 16 backed the Government's proposal to reduce the current general level of enterprise income tax to 22 per cent in an effort to boost investment in Vietnamese businesses.