Vietnam’s tax authorities issued guidance concerning the tax treatment and the determination of increased income from expansion projects during the period 2009-2013 for income that is not entitled to corporate income tax incentives.

The guidance provides two methods by which such income may be determined. Also other following guidance concerns:

  • VAT rate of 0% for auxiliary services supporting export trade.
  • The type of invoice used in customs records for exported goods.
  • The individual (personal) income tax treatment of housing allowances.
  • Calculating individual income tax or foreigner expatriates working in Vietnam.