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Official Gazette

Monday, February 19, 2018
Tags: tax evasion
New corporate income tax law aims to halt tax evasion New corporate income tax law aims to halt tax evasion
In the latest draft of Law on Corporate Income Tax, the Ministry of Finance has raised a regulation aimed at preventing multinational companies with related-party transactions from evading taxes.
National Assembly adopts key national policies National Assembly adopts key national policies
The National Assembly passed six laws that would influence national development in different fields, said NA Chairwoman Nguyen Thi Kim Ngan at the closing meeting of the NA’s fourth session that concluded on November 24 after 26 working days.
Top 10 legal documents in 2017 Top 10 legal documents in 2017
These include the Planning Law, the Law on Technology Transfer, the Law on Foreign Trade Management and Decree 03/2017/ND-CP on casino business, among others.
Directive No. 26/CT-TTg of June 6 2017 Directive No. 26/CT-TTg of June 6, 2017
On further effectively implementing Resolution No. 35/NQ-CP of May 16, 2016, in the spirit of the Government siding with businesses
Taxing online business a challenge Taxing online business a challenge
Tax authorities are finding it tough taxing e-commerce as it is not that easy controlling online business revenues given cash payments so common in Vietnam, lawyers Chau Huy Quang and Cao Dang Huy recently wrote on the Saigon Times weekly.
Retail market management development regulations to be revised Retail market management, development regulations to be revised
Deputy Prime Minister Trinh Dinh Dung has asked ministries, sectors and localities to revise the regulations on wholesale and retail markets, support development of domestic retailers and better manage distribution and retail activities of foreign-invested retail companies.
New regulations on e-money virtual currencies to be drafted New regulations on e-money, virtual currencies to be drafted
The Ministry of Justice is building a draft scheme on improving the legal framework for management and handling of virtual property, e-money and virtual currencies to be presented to the Government.
Control of transfer pricing to be decreed Control of transfer pricing to be decreed
The Ministry of Finance has recently released a first-ever draft decree on management of transfer prices of associated transactions in an attempt to prevent losses of state budget revenues.
Unreal capital makes up half of FDI in Vietnam Unreal capital makes up half of FDI in Vietnam
Of nearly USD 300 billion in foreign direct investment Vietnam has attracted so far, more than half is unreal as foreign investors tend to blow up registered capital to get incentives.
Vietnams current legal system on technology transfer: problems and solutions Vietnam’s current legal system on technology transfer: problems and solutions
Although Vietnam is still a developing country, a number of locally developed technologies have been highly valued by foreign countries. Nevertheless, the 2006 Law lacks clear and specific provisions on the outbound transfer of technologies, especially those funded by the State.

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