Taxflash no 12/2023 – Vietnam to apply global minimum tax from 2024

On 29 November 2023, the National Assembly ratified the Resolution on additional corporate income tax (CIT) preventing tax base erosion (global minimum tax). Accordingly, Vietnam officially applies the global minimum tax rules from 1 January  2024.

We would like to summarize some salient contents of the Resolution as follows:

If you would like to further information, please feel free to contact us.

UHY AUDITING AND CONSULTING COMPANY LIMITED

Mr. Nguyen Trung Thanh – Deputy General Director

E: thanhnt@uhy.vn

Phạm Thị Thảo – Deputy General Director

E: thaopt@uhy.vn

Mrs. Tran Thi Bo – Director

E: bott@uhy.vn

Mrs. Phung Thi Oanh – Director

E: oanhpt@uhy.vn

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Phone: +84 245 678 3999

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Phone: +84 283 820 4899

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