The highest goal of reforms was to promote production and increase the competitiveness and encourage Vietnamese enterprises to participate in global value chains to high added value.
The Government’s recently-issued Decree 132/2020/NĐ-CP would help prevent transfer pricing and limit thin capitalisation to develop a healthy investment market.
The tax watchdog is striving to increase the percentage of tax
reimbursements processed through the "refund first, check later" regime,
aiming to speed up refunds that would be beneficial for businesses,
according to Le Thi Duyen Hai, director of the Tax Declaration and
Refund...
