Vietnam Considers Raising Excise Tax for Alcohol, Sweetened Beverages, Tobacco
We discuss the Ministry of Finance’s proposal to hike the Vietnam excise tax rates for alcohol, sugary drinks, and tobacco products and how this policy shift could impact consumer facing businesses.
Vietnam Government Extends Tax and Land Rental Payment Deadlines in 2024
The Government has issued Decree No. 64/2024/ND-CP, granting tax payment extensions for eligible businesses and organizations.
An Introduction to Double Taxation Avoidance in Vietnam
Vietnam has double taxation avoidance agreements with 80 countries, allowing legal entities, businesses, and individuals to apply their provisions to avoid being double-taxed on their income.
Corporate Tax Planning for Businesses in Vietnam in 2024 – New Publication from Vietnam Briefing
‘Corporate Tax Planning for Businesses in Vietnam in 2024’ explains key incentives available, reporting requirements, and preparation for Vietnam’s Global Minimum Tax regulations under the BEPS 2.0 Framework.
Vietnam CIT and PIT Finalization for the 2023 Tax Period
Compliance with CIT and PIT finalization regulations is crucial for companies and individuals in Vietnam. We discuss reporting requirements and relevant deadlines.
Taxes for Foreign E-commerce Firms Earning an Income in Vietnam
Foreign e-commerce firms selling goods or services in Vietnam are now required to pay foreign contractor tax. Here’s what foreign firms should know about this latest development.
Vietnam Tax Updates for the New Year 2024
In the first week of the new year there were a handful of changes to taxes in Vietnam that foreign firms may need to be aware of. Here’s what they are.
Draft Global Minimum Tax Support Fund Unveiled
Vietnam’s Ministry of Planning and Investment has released a draft decree outlining an Investment Support Fund to counter the impacts of the Global Minimum Tax. Here are the details.
Tax Update: Global Minimum Tax, VAT Tax Reduction Confirmed for 2024
In a busy week at Vietnam’s National Assembly, a VAT tax reduction has been approved alongside a top-up tax in response to the OECD Global Minimum Tax initiative. Here’s the details.
Bookkeeping for Tax Compliance Purposes in Vietnam
In the event of an audit, accurate tax records can be crucial in ensuring the process is as smooth and quick as possible. In this article, Vietnam Briefing breaks down the requirements for accounting records in Vietnam.