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Amendments to Corporate Income Tax Law

|Approved Changes|Vietnam
Vietnam

On 19 June 2013, the National Assembly approved the following key amendments to the CIT Law, which take effect from 1 January 2014 (unless otherwise stated):

-   Tax rates will be reduced to 22% (from 25%) with effect from 1 January 2014 and 20% from 1 January 2016.
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