CIT bonus dangled to lure high-tech groups

CIT bonus dangled to lure high-tech groups

Foreign-invested enterprises could be set to enjoy a relaxation in corporate income tax payments in Vietnam, if they pay enough attention to research and development as well as high technology.
Tax hammer falling on foreign OTT apps

Tax hammer falling on foreign OTT apps

The Vietnamese government is taking further measures to force compliance out of overseas over-the-top platforms.
Leading sectors remain in doldrums

Leading sectors remain in doldrums

While the pandemic pushes businesses into woes and close to bankruptcy, the Ministry of Planning and Investment has proposed numerous measures on interest rate and tax support to help them survive.
E-commerce expansion complicates tax obligations

E-commerce expansion complicates tax obligations

As one of the fastest-growing internet economies, Vietnam boasts great potential for e-commerce thanks to the country’s increasing young and tech-affine population..
New tax burden under Circular 40 finds resistance from e-commerce platforms

New tax burden under Circular 40 finds resistance from e-commerce platforms

Various e-commerce platforms are voicing concerns about the latest regulation putting the burden on reporting and paying tax for their individual vendors.
Multitude of options on table for further tax interventions

Multitude of options on table for further tax interventions

With the current outbreak still not entirely controlled, the government stands at a complicated crossroads as it needs to choose between further state budget security and continued support for the business community.
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.
Wide global ripples expected following G7 tax negotiation

Wide global ripples expected following G7 tax negotiation

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.
Global minimum corporate tax and its impact on Vietnam

Global minimum corporate tax and its impact on Vietnam

Jack Nguyen, partner from Mazars analysed the impacts of the worldwide minimum corporate tax on international companies on the e-commerce sector in Vietnam.
Tax tweak puts strain on apparel makers

Tax tweak puts strain on apparel makers

On-spot exports are now not subject to duty exemption, possibly derailing the recovery of textile and footwear companies.
Rising market exits highlight need for more policy support to survive COVID-19

Rising market exits highlight need for more policy support to survive COVID-19

Vietnam is urged to press on with tax reforms while ensuring stability and providing more supporting policies for businesses to weather the COVID-19 storm.
Tax filing extension a modicum of relief

Tax filing extension a modicum of relief

While welcoming the government’s new supporting policy, foreign-invested enterprises in Vietnam are seeking more assistance to survive the COVID-19 storm and spur recovery.
115 trillion VND for tax payment extension

115 trillion VND for tax payment extension

The total value of taxes and land lease fees under the Government’s recently-issued decree on the extension of deadlines for tax payment is 115 trillion VND (4.97 billion USD), heard a press conference of the Government on May 5.
Appeals for clarity on access to tax extension scheme

Appeals for clarity on access to tax extension scheme

Although Vietnamese businesses are paying special attention to the government’s new tax extension plans, some financial experts are advising more effective strategies than previous ones.
Coca-Cola continues tax haggle with GDT

Coca-Cola continues tax haggle with GDT

The long-standing dispute between Vietnamese tax authorities and foreign-invested enterprises continues to rumble on, with many companies suffering legal setbacks in a bid to avoid tax obligations.
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