Key issues on the global minimum corporate tax rate

Key issues on the global minimum corporate tax rate

Corporate income tax is often considered as a variable in a multivariate foreign direct investment model. In some cases, the impact of the reduction in the rate will result in an increase in estimated investment from overseas. However, there is no correlation between lower rates and higher foreign funding globally.
New tax gives Vietnam incentive to adjust

New tax gives Vietnam incentive to adjust

Businesses in Vietnam want preparations to be intensified for the upcoming introduction of a global minimum corporate tax rate.
Vietnam adjusting policies to adapt to global minimum corporate income tax: Official

Vietnam adjusting policies to adapt to global minimum corporate income tax: Official

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.
Preparing MNCs for a global tax rate

Preparing MNCs for a global tax rate

The introduction of a global minimum corporate tax on the foreign profits of multinational corporations will affect Vietnam’s own tax plans. Annett Perschmann-Taubert, tax partner at PwC Vietnam, discussed with VIR’s Luu Huong the current tax landscape and how policies should be reformed in order to maintain momentum.
Landmark corporation tax deal changes the game

Landmark corporation tax deal changes the game

Last week, the G7 countries agreed on a historic deal for a global minimum corporate tax rate for international companies.