Article

Amended Law on a number of tax Laws; and Amended Law on Special Sales Tax

Global Tax Update:January 2015/Vietnam

On 26 November 2014, the National Assembly of Vietnam approved two tax laws: the Amended Law on a number of tax Laws; and the Amended Law on Special Sales Tax (“SST”). (Global Tax Update:January 2015/Vietnam)

Explore content

In the afternoon of 26 November 2014, the National Assembly of Vietnam approved two tax laws: the Amended Law on a number of tax Laws; and the Amended Law on Special Sales Tax (“SST”).
The essential points are;

  • Removing the cap of 15% for advertising and promotion expenses.
  • PIT calculation based on the one-off transferring prices will be the only prevailing calculation method for income from securities and real estate transfers.

>> Click for Japanese [法人税等の複数の税法に関する改正法および改正特別売上税法]

(96KB, PDF)
Did you find this useful?