Global enterprise tax will give tech sector food for thought
June 14, 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
June 14, 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
May 26, 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
May 24, 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.
FIA: Global minimum tax and currency devaluation affecting FDI
May 17, 2023 | 17:58
Speaking at a VIR conference, Do Van Su, deputy director general of FIA, said the recent fall in FDI inflows has been caused by shifts in global tax policy.
Businesses should proactively respond to GMT
April 21, 2023 | 17:43
The GMT rate will enable Vietnam to switch businesses to preferential status to retain overseas investors, while also supporting the development of local SMEs.
Experts scrutinise global minimum tax implementation in Vietnam
April 18, 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
April 13, 2023 | 16:33
As the global minimum tax will be widely implemented, competition for foreign direct investment will become more dependent on the quality and services given to investors.
Vietnam adjusting policies to adapt to global minimum corporate income tax: Official
March 28, 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
March 23, 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.
Global Minimum Tax a head-scratcher for Vietnamese policymakers
March 07, 2023 | 14:36
As many countries plan to adopt the Global Minimum Tax Rate (GMTR) in 2024, experts are concerned that the entry into force of the rate would discourage foreign companies from locating their operations in low-tax countries.
Nation urged to prepare for tax overhaul
May 16, 2022 | 08:58
Tax incentives have always been a key factor in attracting foreign direct investment into Vietnam. However, concerns are arising as a global minimum tax agreement threatens to shake up the entire system and, therefore, foreign funding prospects.
Wide global ripples expected following G7 tax negotiation
June 15, 2021 | 08:00
Large multinational corporations, including those operating in Vietnam, are carefully watching developments following the landmark corporate tax agreement made by the G7, although market watchdogs are skeptical about a global minimum tax.
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