GLOBAL MINIMUM TAX RATE – EXPERIENCES FROM OTHER COUNTRIES AND RECOMMENDATIONS FOR VIETNAM

 

🌍 As the global economy expands in general and to maximize profits, reach new markets in particular, many multinational corporations have shifted their operations to countries with lower or no corporate taxes in order to avoid corporate income tax (the “CIT”).

This practice has resulted in significant revenue losses for the home countries of these corporations. To create a fair tax system and increase government budget for countries, the Organization for Economic Co-operation and Development (the “OECD”) has proposed Pillar 2 - a Global Minimum Corporate Tax Rate (“GMCTR”) ensuring that multinational companies must pay a minimum tax rate of 15% regardless of where they operate.

👉 The below article presented by DIMAC LAW FIRM legal team will mention about the impact of this policy and the solutions that many countries may have, including Vietnam.
See full article here: https://dimac-law.com/tin-tuc/thue-suat-toi-thieu-toan-cau-kinh-nghiem-cac-nuoc-va-kien-nghi-cho-viet-nam-489.html

☎️ Contact us through Email: clientcare@dimac-law.com or Hotline: (028) 3822 4860 to understand more about this policy and follow us for latest legal updates.
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DIMAC LAW FIRM LIMITED
🌐 https://dimac-law.com/
☎ 028 3822 4860
📧 clientcare@dimac-law.com
🏢 HEAD OFFICE: Capital Place Tower, 6 Thai Van Lung Street, District 1, Ho Chi Minh City

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