Panama Papers

Update news Panama Papers

Taxation bodies examine information from Paradise papers

The General Department of Taxation’s (GDT) deputy general director Nguyen Dai Tri has affirmed that GDT has received information about the names in Paradise papers and will check their duty obligations.

Are Vietnamese businesses burdened with high taxes?

VietNamNet Bridge - While some economists believe that Vietnamese businesses cannot grow because of heavy taxes, others believe that taxes should not be blamed.

FDI from tax havens raises concerns about transfer pricing

VietNamNet Bridge - Vietnamese who found their names in Panama Papers have described it as a ‘normal thing’. However, experts say that in most cases, it is ‘abnormal’. 

Tycoons have huge assets hidden overseas

VietNamNet Bridge - The Panama Papers has issued warnings about tax evasion committed by Vietnamese individuals and institutions through international transactions. 

Iceland's leader resigns, first casualty of Panama Papers

 Iceland's Prime Minister Sigmundur David Gunnlaugsson resigned on Tuesday, becoming the first casualty of leaked documents from a Panamanian law firm which have shone a spotlight on the offshore wealth of politicians