According to reports in the regional media this week, the Vietnamese authorities are considering reducing the corporate tax rate from 28% to 25% from January 2008.
The proposals were reportedly put forward by the Finance Ministry for public consultation, in addition to plans to simplify the country's priority tax forms, and to increase tax benefits for businesses in sectors including high tech, education, health care, and the environment.
Changes to the VAT regime currently in place are also being considered.
In addition, the Finance Ministry is said to be pushing for overseas fund management firms to be permitted to establish branches or 100% foreign-owned ventures in Vietnam.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment