You will find here all the issues of our "Vietnam Spotlight" newsletter.
Topics covered: + VAT on loan interest provided by business entities which are not credit or financial organizations + Further guidance on 2011 CIT Finalization + Guidance on 2012 PIT Declaration for payment and 2011 PIT Finalization for incomes from salaries and wages - Representative Offices, Non-Governmental Organizations and Embassies in Hanoi + VAT refunds to foreigners at Noi Bai and Tan Son Nhat airports + Update Procedure & Dossiers to register for Resident Card for foreigners
Topics covered: + Further three-month extension for Corporate Income Tax (CIT) payment for the 1st and 2nd Quarters of 2011 + Guidance on 2011 Personal Income Tax (PIT) Finalization + Value Added Tax (VAT) and Import Duty on materials imported under processing contracts which are damaged due to fires + Amendment and supplements to Decree 26/2009 on Special Consumption Tax (SCT) + Taxable Prices - SCT & VAT for goods subject to environmental tax from 1 January 2012 + Rates of social insurance contributions from 1 January 2012 + Business License Tax 2012 + Guidance on the recruitment and management of foreigners working in Vietnam + Calculation of fixed asset depreciation - Difference resulting from revaluation of fixed assets
This one-page flyer presents the key dates to remember in 2012 in Vietnam for your tax declarations and payments.
This one-page flyer presents the key dates to remember in 2011 in Vietnam for your tax declarations and payments.
Topics covered: + Tax Reform Update + New Circular Amending Circular 84/2008/TT-BTC and Circular 02/2010/TT-BTC + Personal Income Tax for Official Development Assistance Foreign Experts + Clarification on VAT Invoices for Exported Goods + VAT Treatment on On-site Exported Goods + Value Added Tax Treatment on Exported Services + VAT Treatment on Scientific and Technological Services + Vietnam and Ireland Tax Treaty’s Entry into Force Announced
Transfer Pricing is one of the key compliance issues that should be put under serious consideration by enterprises in Vietnam, especially for multinational corporations. As you maybe aware, Transfer Pricing compliance has recently been challenged by the tax authorities during tax audits at a number of companies.
Topics covered: + Circular 18/2011/TT-BTC dated 10 February 2011 to provide amended and supplemented provisions for Circular 130/2008/TT-BTC on Corporate Income Tax + Amendment to Independent Audit Practice
Topics covered: + Guidance on Personal Income Tax Finalization for 2010 + Guidance on Corporate Income Tax Finalization for 2010 and Salient Guidance on Value Added Tax, Special Consumption Tax and Foreign Contractor Tax
Topics covered: + Deferral of Corporate Income Tax Payments for Small and Medium Enterprises + Clarification on Procedures and Dossiers for Value Added Tax Refund + Value Added Tax Refund + Personal Income Tax Update + Terminal Handling Charges Included in the Dutiable Price + Invoice Guidance for Domestic Sales by Export Processing Enterprises + Amended Decree on Build-Operate-Transfer, Build-Transfer-Operate, and Build-Transfer Investment Projects
Topics covered: + Vietnam Tax Reform Strategy Approved 2011-2020 + Tax Treatment on Land Use Right + PIT on Transfer of Stock Option + Amended Decree on Work Permits for Foreigners Working in Vietnam