Vietnam: Publishes a guidance on corporate income tax, VAT and customs
Vietnam’s tax authorities on 25 October 2016 circulated certain corporate income tax; value added tax (VAT), labour compliance, and customs duty matters. Corporate income tax -An official letter provides the conditions and supporting document to
See MoreVenezuela: Foreign exchange rate for customs activities
At the beginning of July 2014, the central bank of Venezuela has published guidance establishing the foreign currency rate of exchange for the customs duty implications of certain transactions. According to the notice, the exchange rate is 6.30
See MoreChile: Exemption from Least Developed Countries’ exports
The World Trade Organization (WTO) has said that Chile has joined a number of developing countries that have opened their markets to products from least-developed countries (LDCs) by waiving duties and quotas on June 30, 2014. Since 28 February
See MoreNigeria: Customs starts 35% tariff on imported vehicles
Based on the new fiscal policy on imported vehicles as instructed by the Federal Government, the Nigeria Customs Service (NCS) has commenced full accomplishment of the 70% tariff on imported vehicles. Finally, importers and car dealers has paid 20%
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