CanCham - Canadian Chamber of Commerce in Vietnam



PwC Vietnam's Newsbrief: New Foreign Contractor Tax regulations – significant extensions in scope

The Foreign Contractor Tax (“FCT”) is the principal mechanism by which Vietnam taxes foreign companies carrying out activities here, or otherwise deriving income. It is withheld from payments made to such foreign companies by their Vietnamese customers and contracting parties. As such it is a very important tax for foreign companies doing business here, their Vietnamese counterparts and the State. Click here to read more.

 

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