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Tag: tax evasion
Vietnam steps up tax scrutiny of foreign invested enterprises
Local authorities are trialing ways to prevent multinationals from structuring affairs in order to divert profits to low tax jurisdictions.
Tax evasion causes annual losses of US$900 million to Vietnam’s tax revenue
Multinational companies have more favorable conditions in exercising tax avoidance, and to a larger extend, tax evasion, compared to their peers in the state and private sectors.
Transfer pricing among FDI firms in Vietnam at alarming rate: State Audit
While FDI firms continue to report losses, they keep expanding operations in the country.