Latest News about tax exemption
Vietnam’s largest refining and petrochemical firm, Binh Son Refining and Petrochemical JSC (BSR), asked for tax exemptions to overcome current and future difficulties in the oil industry.
The Ministry of Finance recently has added non-woven fabrics, which are used to produce protective clothing, into the list of import tax exemption.
Firms which exported derivative aluminium and steel to the US needed to work with their partners on requesting tax exemption in case their products satisfied conditions for exclusion, according to the Trade Remedies Authority of Viet Nam.
Thailand’s Board of Investment (BOI) on September 20 adopted a set of incentive measures to attract foreign businesses’ investment in the country.
The Ministry of Finance (MoF) is proposing a regulation that exempts micro and small enterprises from corporate income tax for two years after they have sufficient income subject to taxation.