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Vietnam Proposed Tax Measures include Corporate Tax and VAT Rate Changes and Thin Cap Rules

|Proposed Changes|Vietnam
Vietnam

According to recent reports, draft legislation has been submitted to Vietnam's National Assembly that would introduce a number of tax changes, including:

  • The introduction of a reduced corporate tax rate of 15% for micro enterprises (less than VND 3 billion annual revenue) and a rate of 17% for small and medium enterprises (less than 200 employees and less than VND 50 billion annual revenue);
  • T…

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