Foreign firms report losses, but keep expanding: experts want incentives reviewed Half of all foreign-owned businesses are making losses yet aggressively expanding, and so the government needs to reconsider its incentives, experts said. A report […]

Coca-Cola Vietnam fined for tax evasion Coca-Cola Vietnam has been ordered to pay VND821.4 billion ($35.4 million) in back taxes and penalties stretching back over nine years. Dang Ngoc Minh, deputy head of the General […]

Applying the ceiling interest rate under Decree No.20/NĐ-CP: Many large businesses are at risk if they have to pay hundreds of billion VNĐ more than tax every year From the date of Decree 20/2017 /ND-CP […]

Transfer pricing – the practice of establishing arm’s length prices for related parties cross-border transactions is one of the many complex tax issues that multinational corporations face. With escalating documentation requirements, sizeable penalties (Coco cola, […]