HomePage Contact Us About Us Advertise with us
Custom Search
Vietnam Tax News 2014










Vietnam New Corporate Income Tax Rate


January 2014
Starting January 1, 2014 the new corporate income tax rate in Vietnam is 22% compared to the previous 25% rate.
The rate will be reduced to 20% in 2016.


September 2013
Vietnam and New Zealand signed on August 5, 2013 a tax treaty.
According to the tax treaty the tax withholding rate for payments of dividends is 5%/15% depending on the percentage of shareholding in the paying company.
The tax withholding for interest and royalties is 10%.
In general double tax treaties between two countries are boosting mutual investments between the countries offering reduced tax withholding rates from payments of dividends, interest and royalties.
The tax treaty often includes an exchange of tax information clause and definition of a permanent establishment for activities carried in the other country.
It also clarifies certain cross border tax issues.
E.g the treaty would define in what country tax is to be paid when a service supplier/consultant from country A provides services in country B.
In some treaties there is a tax credit under certain terms. E.g. an exemption to a consultant from country A of X dollars per each day of staying in country B in order to supply the taxable services.


Vietnam Serbia Tax Treaty

July 2013
The double tax treaty between the two countries entered into force on June 3, 2013.
According to the tax treaty the tax withholding rate for payments of dividends is 10%/15% depending on the percentage of shareholding in the paying company.
The tax withholding for interest and royalties is 10%.
In general double tax treaties between two countries are boosting mutual investments between the countries offering reduced tax withholding rates from payments of dividends, interest and royalties.
The tax treaty often includes an exchange of tax information clause and definition of a permanent establishment for activities carried in the other country.
It also clarifies certain cross border tax issues.
E.g the treaty would define in what country tax is to be paid when a service supplier/consultant from country A provides services in country B.
In some treaties there is a tax credit under certain terms. E.g. an exemption to a consultant from country A of X dollars per each day of staying in country B in order to supply the taxable services.


Vietnam Delayed VAT Filing

May 2012
The Vietnamese government office announced on May 4, 2012 new measures aimed to support the slowing economy.
VAT filing for the three months of April, May and June would be delayed for six months.
In addition the corporate income tax rate for small and medium size companies would be reduced by 30%.


Vietnam Israel Double Taxation Treaty

August 2009
Vietnam and Israel signed on August 4, 2009 a double taxation agreement regarding taxes on income and capital gains between the two countries. The treaty is expected to strengthen the economic ties between Vietnam and Israel.
So far the capital investment by Israeli companies has reached 11.7 USD millions.
The trade activities between the two countries increased to 147 USD millions in 2007, compared to 68 USD millions in 2005.

Source: Vietnam department of taxation www.gdt.gov.vn




Vietnam Tax News 2013 | Vietnam Double Taxation Prevention Treaties | Vietnam CPA's, Accountants, Accounting Firms | Vietnam Banks | Vietnam Business News 2013 | Vietnam Business Opportunities and B2B Marketplace







World Tax updates and news | Albania Tax updates and news | Argentina Tax updates and news | Armenia Tax updates and news | Australia Tax updates and news | Austria Tax updates and news | Azerbaijan Tax updates and news | Bahamas Tax updates and news | Bahrain Tax updates and news | Barbados Tax updates and news | Belarus Tax updates and news | Belgium Tax updates and news | Bermuda Tax updates and news | Brazil Tax updates and news | Bulgaria Tax updates and news | Canada Tax updates and news | Chile Tax updates and news | China Tax updates and news | Colombia Tax updates and news | Croatia Tax updates and news | Cyprus Tax updates and news | Czech Republic Tax updates and news | Denmark Tax updates and news | Egypt Tax updates and news | Estonia Tax updates and news | Ethiopia Tax updates and news | EU Tax updates and news | Finland Tax updates and news | France Tax updates and news | Georgia Tax updates and news | Germany Tax updates and news | Gibraltar Tax updates and news | Greece Tax updates and news | Guernsey Tax updates and news | Hong Kong Tax updates and news | Hungary Tax updates and news | Iceland Tax updates and news | India Tax updates and news | Indonesia Tax updates and news | Ireland Tax updates and news | Isle of Man Tax updates and news | Israel Tax updates and news | Italy Tax updates and news | Jamaica Tax updates and news | Japan Tax updates and news | Jersey Tax updates and news | Kazakhstan Tax updates and news | Kuwait Tax updates and news | Latvia Tax updates and news | Lithuania Tax updates and news | Luxembourg Tax updates and news | Malaysia Tax updates and news | Malta Tax updates and news | Mexico Tax updates and news | Moldova Tax updates and news | Montenegro Tax updates and news | Morocco Tax updates and news | Netherlands Tax updates and news | New Zealand Tax updates and news | Nigeria Tax updates and news | Norway Tax updates and news | Oman Tax updates and news | Panama Tax updates and news | Peru Tax updates and news | Poland Tax updates and news | Portugal Tax updates and news | Qatar Tax updates and news | Romania Tax updates and news | Russia Tax updates and news | Saudi Arabia Tax updates and news | Serbia Tax updates and news | Slovakia Tax updates and news | Slovenia Tax updates and news | South Africa Tax updates and news | South Korea Tax updates and news | Spain Tax updates and news | Singapore Tax updates and news | Sweden Tax updates and news | St. Lucia Tax updates and news | Switzerland Tax updates and news | Taiwan Tax updates and news | Tajikistan Tax updates and news | Thailand Tax updates and news | Tunisia Tax updates and news | Turkey Tax updates and news | UAE Tax updates and news | U.K. Tax updates and news | Ukraine Tax updates and news | U.S. Tax updates and news | Uzbekistan Tax updates and news | Vietnam Tax updates and news



Go Back

© All copyrights reserved

Homepage | Security Policy | Terms of Service