Vietnam Clarifies Tax Reductions for SMEs

06 August, 2012

On 6 August 2012 it was published that, in a decree to take effect on September 20, 2012, the Vietnamese government has confirmed that small and medium-sized enterprises (SMEs) will be given a 30% reduction in corporate income tax (CIT) this

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China: Tax thresholds for small businesses raised

03 November, 2011

From November 1, the minimum thresholds for business tax have been increased by China’s Ministry of Finance, aiming at provision of tax relief for the country’s smallest companies that have been greatly affected recently by increased costs and

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