Vietnam’s Circular 45 sets new rules on the Advance Pricing Agreement (APA) mechanism in Vietnam. Circular 45 came into effect on August 3, 2021.
Similar to last year, Vietnam has issued incentives for businesses affected by COVID-19. These include tax breaks and land fee payment deferrals.
Tax, Accounting, and Audit in Vietnam 2021, the latest publication from Dezan Shira & Associates, is out now and available for download.
Vietnam recently issued Circular 19 guiding regulations on electronic tax transactions. Vietnam Briefing highlights the Circular’s key points.
Vietnam issued Decree 52 deferring tax payments and land rentals for additional businesses affected by the pandemic. The Decree came into effect on April 19.
Vietnam Briefing highlights tax exemptions and reductions for those tax residents that are subject to personal income tax in Vietnam.
Vietnam’s tax codes are used to identify taxpayers and define tax liability. Vietnam Briefing describes the process to acquire them and why they matter.
Vietnam introduced Decree 126 on guiding the implementation on the Law on Tax Administration. The Decree takes effect on December 5, 2020.
Decree 125 details penalties for violations in tax and invoicing. Investors should understand the violations before December 5 to ensure compliance.
Vietnam issued Decree 123 delaying the implementation of e-invoices until July 2022. Vietnam Briefing highlights the steps to be compliant by the deadline.