On 3 August 2021, new detailed guidelines from the Vietnamese Ministry of Finance (MoF) on the Advance Pricing Agreement (APA) came into force. The guidance was published on 18 June 2021 in circular 45/2021 / TT-BTC (circular 45) and replace with the first circular on APAs (circular 201/2013 / TT-BTC) from 2013.
Related Posts
Vietnam ends tax exemption for low-value express imports
Vietnam’s Deputy Prime Minister Ho Duc Phoc has signed Decision No. 01/2025/QD-TTg (Decision 01), which repeals duty-free imports for goods valued at VND 1 million or less (Decision No. 78/2010/QD-TTg) on 3 January 2025. Under Decision 78,
Read MoreUkraine releases synthesised texts of tax treaties with Slovenia, Vietnam
Ukraine's Ministry of Finance has published synthesised texts of its tax treaties with Slovenia and Vietnam, incorporating changes from the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting
Read MoreVietnam extends VAT reduction for first half of 2025
The Vietnamese government has extended the reduced value-added tax (VAT) rate from 10% to 8% for eligible goods and services during the first half of 2025, effective from 1 January to 30 June. The new tax policy was introduced in Decree No.
Read MoreTanzania, Vietnam continue income tax treaty negotiations
Officials from Tanzania and Vietnam met to further negotiations on establishing an income tax treaty on 3 December 2024. Negotiations first began in 2016. If an agreement is reached, it will be a first between the two nations. The treaty will
Read MoreVietnam, Armenia confirm intent to sign tax treaty
The government of Vietnam announced – on 19 November 2024, during a meeting between officials from Armenia and Vietnam at Hanoi – that both countries confirmed their intention to sign a tax treaty. At the National Assembly House, right after
Read MoreVietnam: National Assembly passes 2024 VAT Law
Vietnam's National Assembly passed the 2024 Law on Value-Added Tax (VAT) on 26 November 2024, which will come into effect on 1 July 2025. This new legislation introduces several amendments. One of the changes is the increase in the tax-exempt
Read More