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corporate income tax
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Businesses to get $926 mln tax waivers, reduction
Lawmakers have decided to offer businesses affected by Covid-19 a 30-percent reduction in income tax and value-added tax and waive late-payment fees in 2020 and 2021.
Lowering taxes to attract FDI is a ‘race to the bottom’: experts
Competing for foreign investment with tax incentives will end up hitting governments’ revenues and be a lose-lose situation for all ASEAN members, experts warn.
Government mulls 30 pct tax break for small businesses
The Vietnamese government plans to cut corporate income tax for small businesses by 30 percent this year to mitigate the damage wreaked by the coronavirus pandemic.
June 10, 2020 | 11:11 pm PT