Since the last time you logged in our privacy statement has been updated. We want to ensure that you are kept up to date with any changes and as such would ask that you take a moment to review the changes. You will not continue to receive KPMG subscriptions until you accept the changes.
We want to make sure you're kept up to date. Please take a moment to review these changes. You will not receive KPMG subscription messages until you agree to the new policy.
We hope that you will find KPMG’s Tax Alerts useful and we welcome the opportunity to further discuss the issues presented and their impacts on your business.
To receive our future Tax Alerts and other publications, please register here.
Tax Alert Sep2017: The Ministry of Finance has recently submitted a proposal for a Draft Law amending and supplementing five tax laws, including the Laws on Value Added Tax (“VAT”), Corporate Income Tax (“CIT”), Special Consumption Tax (“SCT”), Personal Income Tax (“PIT”) and Natural Resources Tax (“NRT”).
Tax Alert Aug2017: On 24 July 2017, the Ministry of Finance issued Decision No. 1381/QD-BTC (“Decision 1381”) promulgating regulations on coordinating audit of performance of corporate finance mechanisms and policies at foreign-invested enterprises (“FIEs”). Decision 1381 took effect on 24 July 2017.
Tax Alert Jul2017/Issue 4: On 19 June 2017, the National Assembly ratified the Law on Technology Transfer No. 07/2017/QH14 (“LTT 2017”). The LTT 2017 shall take effect on 1 July 2018 and supersedes the Law on Technology Transfer No. 80/2006/QH11 dated 29 November 2006 (“LTT 2006”).
Tax Alert Jul2017/Issue 3: From 1 October 2014, when Circular 103/2014/TT-BTC took effect, foreign contractor tax (“FCT”) has not applied to the supply of goods where goods are delivered at a foreign or Vietnamese bordergate.
Tax Alert Jun2017/Issue 2: On 12 June 2017, the National Assembly (“NA”) passed the Law on Supporting SME (“SME Law”). The Law takes effect on 1 January 2018.
Tax Alert Feb2017/Issue 1: No VAT refund is available for the input vat accumulated prior to 1 July 2016, yet has been declared as a vat refund item in the VAT declaration for June 2016 or quarter ii 2016.