global minimum tax

Urgently complete Decree on application of Global Minimum Tax inline with roadmap

09:26 | 27/02/2024 Finance

VCN - On November 29, 2023, the National Assembly approved Resolution No. 107/2023/QH15 on the application of additional corporate income tax under Global Anti-Base Erosion Rules. The Resolution takes effect from January 1, 2024, and is applied from fisca

Opportunity for Vietnam to improve its business investment environment

13:47 | 17/01/2024 Import-Export

VCN - Minister of Planning and Investment Nguyen Chi Dung affirmed that it is necessary to comprehensively evaluate the system of policies and laws on investment encouragement to supplement and adjust new incentive and investment support mechanisms to ens

Implementing global minimum tax: An opportunity for Vietnam to attract high-quality FDI capital

13:29 | 21/12/2023 Import-Export

VCN - Assessing the situation of attracting FDI capital in the coming time, Dr. Nguyen Quoc Viet, Deputy Director of the Institute for Economic and Policy Research (VEPR), said that the Vietnam National Assembly's recent adoption of the Resolution on glob

122 foreign corporations investing in Vietnam have to pay Global minimum tax

10:26 | 03/12/2023 Finance

VCN - The Resolution regulates the minimum tax rate specified of 15%.

Issuing resolution on global minimum tax to proactive international integration

10:51 | 02/12/2023 Finance

VCN - The National Assembly officially passed a Resolution on applying additional corporate income tax (CIT) according to global anti-base erosion rules. Many experts and National Assembly (NA) delegates agree with Vietnam’s application of the global mini

Reviewing policies to close loopholes in global minimum tax enforcement

15:53 | 26/08/2023 Finance

VCN - Economic expert, Assoc. Prof. Dr. Dinh Trong Thinh spoke to Customs Magazine about the issues surrounding the global minimum tax policy, which is being developed by the Ministry of Finance and will be implemented by Vietnam from 2024.

Global minimum tax may impact Vietnam's competitive edge

08:23 | 23/06/2023 Finance

VCN - During the research process, the General Department of Taxation has made an assessment that the global minimum tax may affect Vietnam's competitive edge in many aspects.

Minister of Finance asks IMF to support Vietnam in applying global minimum tax

15:30 | 14/06/2023 Finance

VCN - On June 12, Minister of Finance Ho Duc Phoc received and worked with Mr Francois Painchaud, Vietnam's International Monetary Fund (IMF) Chief Representative. Attending the meeting were Mr Jochen Schmittmann, Deputy Director of the IMF OPA Office in

Deputy Prime Minister Le Minh Khai: Solution on the global minimum tax to be submitted soon

11:36 | 14/06/2023 Finance

VCN - According to Deputy Prime Minister Le Minh Khai, it is necessary to carefully assess the impact of the application of the global minimum tax and ensure the interests of the parties.

Global minimum tax: An opportunity for Vietnam to reform its investment environment

16:50 | 24/05/2023 Import-Export

VCN - The highest improvement is to meet high-tech projects. To meet this demand, it is necessary to have human resources, to develop supporting industries and to have transparent and synchronous policies with those of developed countries.

Revising corporate income tax incentives to respond to global minimum tax

13:52 | 23/05/2023 Regulations

VCN - The amendment of corporate income tax (CIT) incentives helps Vietnam proactively develop solutions to cope with the application of Pillar 2 of the global minimum tax by countries around the world to maintain the attractiveness of the domestic invest

Vietnam should prepare for global minimum tax

08:56 | 07/05/2023 Finance

VCN – Ms. Nguyen Thy Nga, Director of the Institute of Policy and Strategy Administration under the Vietnam Union of Science and Technology Associations, said that the Prime Minister's special working group on the global minimum tax rate should soon condu

Global minimum tax and proactive steps

10:52 | 01/05/2023 Finance

Applying a global minimum tax brings many opportunities as well as challenges for Vietnam

Ensure policies to attract investment when implementing global minimum tax

10:33 | 02/04/2023 Finance

VCN - On the afternoon of March 30, in Hanoi, the Ministry of Finance held a regular press conference in the first quarter of 2023, chaired by Deputy Minister of Finance Nguyen Duc Chi. Many issues related to the tax field were discussed and answered at t

Solutions to attract FDI when implementing the global minimum CIT

11:38 | 01/04/2023 Finance

VCN - On March 29, the Vietnam International Arbitration Center (VIAC) and the Center for International Integration, the Ho Chi Minh City Institute for Development Studies, jointly held a seminar on Global Minimum Corporate Tax – outlook and challenges in