Global Minimum Tax in place from January 1
Some 113 multinational enterprises in Vietnam will be affected by the new tax rates.
Topic: global minimum tax
Vietnam to apply global minimum tax from January 1
$576 million in payments could come to Vietnam each year.
Vietnam could pick up $576mln annually from Global Minimum Tax
Pros and cons of GMT discussed at NA session on November 20.
Enforcement plan for Global Minimum Tax to be submitted to NA for approval in October
If approved, Vietnam will begin enforcing the tax regime from next January.
Belgium to support Vietnam in building global minimum tax policies
New tax scheduled to take effect from January 1, 2024.