Tag: transfer pricing
Vietnam taxation authority hits Coca-Cola with US$35-million tax
Vietnam’s tax authority requested Coca-Cola Vietnam to fulfill its obligations within 10 days since being informed of the fine.
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.
Fees and charges make up growing shares in Vietnam state budget revenue
Such increases have created a burden on the citizens, while multinationals are taking advantage of Vietnam’s incentive policies to avoid taxes.
Australian firm alleged of transfer pricing worth over US$116 million
The State Audit Office of Vietnam requested the police to investigate the case.
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