Vietnam To Reduce Corporate Tax On SMEs
Vietnam is looking to slash the corporate income tax rate by three percent for small and medium-sized enterprises (SMEs) to boost their number to one million by 2020.
A draft plan, which the Government will submit to the National Assembly this month, proposes to cut corporate income tax for SMEs as well as start-ups from the current 20 percent rate to 17 percent between 2017 and 2020.
Pham Dinh Thi, the Director of the Finance Ministry's Tax Policy Department, said the plan, if approved, "will ensure that there are thousands of newly established enterprises every year," and said "the contribution of these new firms to the state budget will help offset the revenue drop and over time will increase the state budget revenue."
Howlader Maria & Co joins TGS Global Network
Howlader Maria & Co., Chartered Accountants is a professional firm in Bangladesh which is being formed to provi
Experience Provider joins TGS Global Network
Experience Provider M.E. Limited, is one of the top public accounting and tax advisory services firms in Jordan. They ar
Quantum Auditors & 123 Consulting joins TGS Global Network
TGS are proud to be in South Africa with our most recent member, Quantum Auditors / 1.2.3. Consulting. With offices situ
Massie Turcotte joins TGS Global Network
TGS are proud to announce a new member in Canada. Massie Turcotte gives TGS a presence that stands out from other
PGK Consultores joins TGS Global Network
TGS is delighted to announce the membership of PGK Consultores, Argentina. PGK is a dynamic firm whose partners began th