Finance ministry proposes lower tax rate for micro and small enterprises
August 09, 2024 | 10:45
To support micro and small enterprises to accumulate capital and develop business, the Ministry of Finance (MoF) has proposed lowering the corporate income tax rate to 15-17 per cent for those with a total revenue of no more than 50 billion VND (1.99 million USD), instead of the current flat rate of 20 per cent.
Taking on a global corporate tax rate
August 24, 2022 | 11:29
Implementing a global minimum tax rate will create conditions to increase tax revenue from foreign enterprises, but at the same time put Vietnam in front of new challenges. Patrick Lenain and Agustin Redonda from the Council on Economic Policies in Switzerland analyse the advantages and the risks of this type of tax for Vietnam.
Preparing MNCs for a global tax rate
July 27, 2022 | 10:36
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.
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