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Search Results: 51 results for keyword "global minimum tax".
European businesses face the storm of new tax regime
28-06-2023 14:00
The application of the global minimum tax is getting nearer, creating a new challenge for multinational corporations. Thomas McClelland, chairman of the Tax and Transfer Pricing Sector Committee under the European Chamber of Commerce in Vietnam, talked to VIR’s Tung Anh about their preparations for the tax overhaul.
Incentives at play for Asian groups to contend with GMT
28-06-2023 13:00
While waiting for official announcement of actual investment cost-based incentives, South Korean and Japanese businesses in Vietnam are seeking more efficiency in administrative procedures to ease their possible burden via the upcoming global minimum tax.
Vietnam mitigates global minimum tax issues for foreign investors
28-06-2023 11:39
Vietnamese tax officials are strategising resource allocation and customised support mechanisms to alleviate the consequences of the global minimum tax (GMT) on foreign enterprises, ensuring an appealing investment climate.
Global enterprise tax will give tech sector food for thought
14-06-2023 15:22
Under the two-pillar solution released by the Organisation for Economic Co-operation and Development on the global minimum tax (GMT), tax incentives for multinational enterprises investing in Vietnam, especially companies in the technology sector, will face certain challenges in maintaining competitiveness and attracting investment.
Tech groups coy over GMT consensus
14-06-2023 15:11
It is likely that some of the world’s most well-known tech groups will seek government guarantees or other forms of support in order to deal with the upcoming implementation of a global minimum tax on corporates.
MPI builds new investment incentives to match global minimum tax rule
26-05-2023 10:13
The Ministry of Planning and Investment (MPI) is working on the design of incentives and measures to support new investment activities amid the upcoming application of the global minimum tax.
Industrial developers eye the effects of upcoming tax regime
24-05-2023 11:32
Industrial real estate developers must be more proactive in responding to the upcoming global minimum tax policy by improving the quality of industrial zone infrastructure and providing more utilities for their tenants.
Clock ticks to shape response to global corporate tax policy
24-05-2023 10:56
The global minimum tax will have a bearing on the draw of new foreign-led initiatives in Vietnam.
Vietnam takes on pressures of foreign capital attraction
22-05-2023 09:38
While maintaining attractiveness to international investors, the imminent global minimum tax and international uncertainties are putting pressure on Vietnam, urging it to have breakthrough steps to foster new foreign inflows.
FIA: Global minimum tax and currency devaluation affecting FDI
17-05-2023 17:58
Speaking at the VIR-hostedconference on May 15, Do Van Su, deputy director general of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment (MPI) said that the decrease in foreign capital coming into Vietnam has been caused by recent shifts in global tax policy and currency devaluation in certain countries, while investment relocation from China has not brought much benefit.
Businesses should proactively respond to GMT
21-04-2023 17:43
The global minimum tax (GMT) rate will enable Vietnam to switch businesses to preferential investment status proactively to retain large overseas investors, while also supporting the development of small- and medium-sized enterprises in the domestic market.
Experts scrutinise global minimum tax implementation in Vietnam
18-04-2023 17:12
Vietnam needs to fully and comprehensively assess the impacts of the global minimum tax on the country, said Minister of Finance Ho Duc Phoc on April 18.
Global minimum tax to see IP investors demand quality
13-04-2023 16:33
As the global minimum tax becomes widely implemented, competition for foreign direct investment (FDI) will become more dependent on the quality and services given to investors.
Vietnam adjusting policies to adapt to global minimum corporate income tax: Official
28-03-2023 10:21
Vietnam is studying and adjusting its investment policies to adapt to the global minimum corporate income tax which is scheduled to be applied from 2024, said Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc.
Vietnam must revisit policies to develop implementation of global minimum tax
23-03-2023 16:38
Countries that have outbound and inbound investment activities have been making drastic moves in considering policies related to the global minimum tax (GMT). If Vietnam does not take immediate action or delays implementing it, it may miss the opportunity to have the right to tax and may be left behind in attracting foreign investment.
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