Tax Agreement between Vietnam and Malta implemented from 1 January 2017

14:38 | 26/12/2016 Regulations Follow english.haiquanonline.com.vn on

VCN - The General Department of Taxation has sent a Dispatch to Taxation Departments in the provinces and central run cities to announce the effect of the tax agreement between Vietnam and Malta.

	The Customs upgrades the tax accounting system
	Charging for late payment is not the form of administrative sanction
	The Tax sector continues to develop the applications to satisfy the new tax management process

tax agreement between vietnam and malta implemented from 1 january 2017

Vietnam has signed many agreements for the avoidance of double taxation with many countries,

The General Department of Taxation notified Taxation Departments in provinces and tax payers that the Tax Agreement between Vietnam and Malta will be officially applied from 1 January 2017 in the both countries. Thus, the General Department of Taxation reminded the Taxation Departments to deploy in accordance with the provisions on effect to prevent the errors.

It is acknowledged that, the Agreement between the Government of Socialist Republic of Vietnam and Government of Malta for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income signed on 15 July 2016 in Ulanbato. The Agreement took effect from 25 November, 2016

By Thuy Linh/ Huyen Trang

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tax agreement fiscal evasion double taxation Malta Vietnam dispatch General Department of Taxation

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