As the end of the financial year is approaching, many corporations may encounter difficulties in the process of showing the authorities transparency in tax reporting documents and compliance with all tax regulations. Many questions and uncertainties are raised around the procedures of tax finalising and how to minimize costs and risks.
With escalating documentation requirements, sizeable penalties, an aggressive approach to enforcement by the Vietnamese tax authorities and a focus on corporations paying their fair share of tax, never before have companies operating in Vietnam faced so much scrutiny and challenge of their transfer pricing policies. The need to ensure full compliance with reporting obligations and put in place a transfer pricing strategy that is fit for purpose is more important than ever before.
In this light, our experts from Grant Thornton Vietnam Ms Nguyen Thu Phuong - Director, Tax Services and Mr Do Vu Bao Khanh - Senior Manager presents at the third episode of BritCham's Vietnam Sector-Focused Webinar Series on TAX FINALISATION. Join our panelists to gain insights on the most up-to-date information and compliance regulations on tax finalisation as well as transfer pricing.
Phuong gathered more than fourteen (14) years of proven experience as a professional in accounting, auditing, tax and corporate services. In Grant Thornton Vietnam, Phuong manages multi-functional engagements including advisory service, tax health check and implementation, payroll system, tax compliance and licensing procedures representative office and companies with various industrial background including but not limited to IT, management service, real estate, education, manufacturing, construction, renewable energy etc. She has also been engaged in assisting a number of clients in working with the tax authorities for tax audit, tax appeal, set up and closure of companies, representative office as well as project executive office of foreign contractors in Vietnam.
Khanh is experienced in providing tax consultation services with high focus on Transfer Pricing. He has been serving an extensive group of leading multinational companies as well as many privately held companies operating in Vietnam. In addition, his key expertise involves Transfer Pricing Compliance and Planning, Restructuring and Tax Efficiency Supply Chain Management.