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Vietnam Finalizing Decree for Investment Support Fund to Offset Global Minimum Tax

|Proposed Changes|Vietnam
Vietnam

The Vietnam Ministry of Planning and Investment is finalizing a decree for the introduction of an Investment Support Fund to offset the effects of the global minimum tax rules approved in November 2023 (previous coverage). Since reduced tax rate incentives for investment are effectively not allowed for in-scope groups with the introduction of the global minimum tax rules, the fund will provide …

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