Vietnam's Evolving Taxation Regime

Through a series of new provisions, the Vietnamese government hopes to modernize its tax regime and bring it in line with international standards. However, many investors are concerned about whether the new provisions will be effectively implemented after they have been passed. This article discusse...

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Bibliographic Details
Published in:Asialaw 2007-02, p.1
Main Author: Christian Brendel, Nguyen Gia Huy Chuong and Pham Dinh Hung, Phuoc & Partners
Format: Article
Language:English
Subjects:
Changes
Competent authority
Corporate income tax
Corporate taxes
Electronic filing
Interest rates
International standards
Investors
Personal income
Provisions
Tax rates
Tax returns
Taxable income
Withholding taxes
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Summary:Through a series of new provisions, the Vietnamese government hopes to modernize its tax regime and bring it in line with international standards. However, many investors are concerned about whether the new provisions will be effectively implemented after they have been passed. This article discusses what businesses in Vietnam need to be aware of when filing their tax returns in the first quarter of 2007.
ISSN:1022-0267