Tax Newsletter, Update on new regulations and important tax policies
Value-added tax (VAT) refund plays a crucial role in cash flow and tax budget of companies and the government. Despite the fact that companies understand the importance of VAT refund, are they fully aware of the issues of workload, the time-consuming assessment process as well as potential tax risks to be successful in obtaining tax refund and maximizing the refund amount?
With the increasing trends in economic integration, it is normal that overseas organizations and foreign individuals generate income from doing business in another country rather than their home countries. In Vietnam, if a foreign organization earns income in Vietnam through providing services, or selling goods together with services, or trading, its income will be subject to Vietnamese Withholding Foreign Contractor Tax (FCT).
With the increasing trends in economic integration, it is normal that overseas organizations and foreign individuals generate income from doing business in another country rather than their home countries. In Vietnam, if a foreign organization earns income in Vietnam through providing services, or selling goods together with services, or trading, its income will be subject to Vietnamese Withholding Foreign Contractor Tax (FCT).
Update on new regulations and important tax policies
Having a look back after more than one year of implementation of Transfer Pricing regulations stipulated in Decree 20/2017/ND-CP and Circular 41/2017/TT-BTC.
In this newsletter, Grant Thornton Vietnam would like to update the important regulations and tax policies as follows:
How to maximise value added tax refunds
In this newsletter, Grant Thornton Vietnam would like to update the important regulations and tax policies as follows:
Optimising benefits from tax incentives
In this newsletter, Grant Thornton Vietnam would like to update the latest regulations and notable tax policies as follows:
transfer pricing
Tax