VCCI proposes zero tax rate to be maintained for exported services

VCCI proposes zero tax rate to be maintained for exported services

The Vietnam Chamber of Commerce and Industry (VCCI) has proposed a zero-value added tax (VAT) rate to be maintained for exported services, over worries that tax hikes would undermine the competitiveness of Vietnamese providers against foreign rivals.
VBF Tax & Customs Working Group proposes zero VAT treatment for FIEs

VBF Tax & Customs Working Group proposes zero VAT treatment for FIEs

The VBF's Tax & Customs Working Group on February 18 proposed zero VAT treatments for foreign-invested enterprises that face difficulties in completing procedures for applying zero VAT.
VAT afloat in a confused sea

VAT afloat in a confused sea

With the introduction of new Value Added Tax (VAT) regulations, effective from January 1, 2009, many areas of interpretation and implementation remain ambiguous and certain contemporary VAT issues encountered by taxpayers remain, write KPMG tax partner Le Thi Kieu Nga and senior tax manager Er Say Hun.