On 14 February 2017, the Double Taxation Agreement (DTA) between Panama and Vietnam was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2018.
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Panama revises tax compliance deadlines and rules
Panama’s Ministry of Economy and Finance and tax authorities have recently announced tax developments, which include new regulatory obligations for resident agents and legal entities and deadline extensions for compliance requirements. Updated
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Panama announces new withholding tax form for amended multinational enterprises HQ (SEM) regime
Panama's Ministry of Finance has published Resolution No. 201-1394 of 5 February 2025, approving the updated withholding tax Form No. 1119 (version 1). The form is for the withholding tax introduced by Law No. 57 of 24 October 2018 on certain
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Vietnam: National Assembly approves extension of environmental protection tax cut on petrol, oil and lubricants
The Standing Committee of Vietnam's National Assembly approved an extension of the environmental protection tax reduction on gasoline, oil, and lubricants until 31 December 2025. The decision was made on 11 January 2025, through Resolution
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Vietnam joins multilateral deal on CbC report exchange
The Organisation for Economic Co-operation and Development (OECD), in an update on 10 February 2025, has confirmed that Vietnam signed the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA) on 3
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Liechtenstein, Vietnam discuss income tax treaty and business ties
Officials from Liechtenstein and Vietnam met to discuss bilateral cooperation with Liechtenstein expressing interest in negotiating and signing an income tax treaty on 22 January 2025. Liechtenstein Prime Minister Daniel Risch expressed his
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Vietnam, Togo start talks on double taxation agreement
Vietnam and Togo have agreed to negotiate an income tax treaty as part of efforts to deepen economic and diplomatic ties, following talks between Deputy Prime Minister and Foreign Minister Bui Thanh Son and Togolese Foreign Minister Prof. Robert
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