transfer pricing

Tax sector strengthens measures to fight loss of tax revenue

20:39 | 23/03/2022 Finance

VCN - The General Department of Taxation has just issued a document requesting local tax departments to strengthen measures to prevent loss of tax revenue and to ensure revenue for the state budget.

55% of FDI enterprises report losses but increase in revenue

18:56 | 02/02/2021 Import-Export

VCN- The revenue growth rate of the FDI sector to the State budget in 2019 was higher than that of the two prior years.

Inspections against transfer pricing to be increased

16:34 | 05/01/2021 Finance

Inspections against transfer pricing will be increased as per a proposal by the Ministry of Finance in the context that more than half of foreign direct investment (FDI) enterprises reported losses.

Domestic firms also operate transfer pricing

14:25 | 18/11/2020 Headlines

VCN - The regulations on corporate tax administration with associated transactions in Vietnam have ensured a sufficient legal basis, in accordance with international practice, so there is no discrimination between enterprises in Vietnam and foreign busine

Drastically inspect, examine and handle tax violations, transfer pricing

15:58 | 09/11/2020 Headlines

VCN - It is necessary to soon revise revenue policies in general and tax laws in particular; to expand the tax base, ensure coverage of the state budget's contents fully and have a stronger mechanism for tax law violations.

Anti-transfer pricing: Harmonize anti- revenue loss target with investment attraction

13:38 | 30/10/2020 Finance

VCN - Among recommendations sent to the Ministry of Finance, most voters nationwide have paid attention to inspection, examination and anti-State revenue loss and proposed to issue efficient solutions.

Highlights in Tax Management Law No. 38 taking effect from July 1, 2020

10:13 | 19/06/2020 Regulations

Tax Management Law No. 38/2019/QH14 will officially take effect from July 1, 2020. Taxpayers need to pay attention to some highlights in this Law so they can be easily implemented.

Efforts against revenue loss and transfer pricing

12:11 | 08/06/2020 Import-Export

VCN- The story of tax evasion and transfer pricing became "hot" when the State Audit Office of the State Budget Audit of 2018 was published.

Tax sector tightens inspection on transfer pricing at large enterprises

13:10 | 23/01/2020 Finance

VCN - Recently, the tax industry has attached importance to inspections and audits, especially for large enterprises with a high risk of tax to prevent State revenue losses.

Transfer pricing is a long story

13:05 | 10/05/2019 Finance

VCN - Speaking at the May 8 morning meeting of the Standing Committee of the National Assembly, two Ministers said that "Transfer pricing is a long story".

Anti-transfer pricing: Need to be consistent with the provisions of Decree 20 and Tax Administration Law (amended)

09:36 | 23/03/2019 Finance

VCN - The Draft Law on Tax Administration (amended) further strengthened regulations on anti-transfer pricing mechanism

Vietnam has resolved many issues related to transfer pricing

19:33 | 17/12/2018 Finance

VCN - Transfer pricing and preventing transfer pricing against tax losses are a matter for Tax authorities in Vietnam as well as countries around the world.

Need strong penalties for transfer pricing

14:56 | 19/11/2018 Finance

VCN - Although there has been great effort in transfer pricing, but look back in the past as well as the real situation, this is still a difficult problem for the tax industry. To avoid losses with associated transactions requires the transformation of bo

Temporarily reserve 50% of local budget reserve for preventing loss of revenue

06:06 | 24/08/2018 Finance

The Ministry of Finance suggested strengthening operational measures for the implementation of finance and local budget tasks in the last months of 2018.

Ho Chi Minh City: drastically fighting against losses of revenues and transfer pricing

09:51 | 21/02/2017 Finance

VCN – on 19 February, 2017, the Ho Chi Minh City Municipal Party Standing Committee and Permanent Committee had a meeting with the Ho Chi Minh City Tax Department .