Vietnam's Ministry of Finance has launched a consultation on a draft resolution for the introduction of reduced corporate tax rates for small- and medium-sized enterprises (SMEs). This includes two reduced rates: 15% for SMEs with annual turnover below VND 3 billion and no more than 10 employees; and 17% for SMEs with annual turnover between VND 3 billion and VND 50 billion and no more than 100 employees. For the purpose of the reduced rates, turnover of the previous year would be considered. Certain income would not be eligible for the reduced rates, including: Income from the transfer of capital,...