Suddenly announced! Vietnam will "increase taxes" on multinational enterprises
Vietnam's parliament has decided to raise the actual effective tax rate for multinationals to 15 percent from January as part of a global tax overhaul, while delaying incentives to offset some of the higher rates.
Vietnam has set a 20 percent corporate income tax rate, but for years the country has offered tax breaks to large foreign investors, pushing big multinational companies such as Samsung to pay effective tax rates as low as almost less than 5 percent.
Vietnam's Ministry of Finance estimates that with the Vietnamese parliament voting to raise the minimum corporate income tax for multinational companies to 15%, this move will affect 122 multinational companies and bring in 14.6 trillion Vietnamese dong (about 603 million US dollars) of income for Vietnam every year.
China is one of the largest sources of foreign investment in Vietnam, and many listed companies such as Shenzhou International have factories here. For the tax reform in Vietnam, Zheshang Securities analysts pointed out that from the feedback of some listed companies investing in Vietnam, this matter has been expected in the early stage, but the specific rules are still under discussion.
Vietnam's latest tax rate change will be in line with the Global Minimum Tax Rate Initiative, which is backed by the U.S. Treasury Secretary. Multinational companies with annual turnover of more than 750 million euros ($825 million) worldwide will be required to pay a minimum 15 percent tax rate from 2024, regardless of their location.
突然宣布！越南将对跨国企业“加税”
越南国会近日决定，作为全球税制改革的一部分，越南将从明年1月起把跨国公司的实际有效税率提高到15%，同时推迟了此前准备抵消部分更高税率影响的激励措施。
越南官方此前设定的企业所得税率为20%，但多年来该国一直为大型外国投资者提供税收减免，从而推动三星等大型跨国企业支付的实际税率低至几乎只有不到5%。
据越南财政部估计，随着越南国会投票决定将跨国公司的最低企业所得税提高至15%，此举将会影响到122家跨国公司，并将为越南每年带来14.6万亿越南盾（约合6.03亿美元）的收入。
中国是越南最大的外国投资来源地之一，申洲国际等多家上市公司在此设有工厂。对于此次越南税改，浙商证券分析师指出，从部分在越投资上市公司反馈来看，该事项前期已有一定预期，但具体细则等还在讨论中。
越南最新的税率变化将与全球最低税率倡议保持一致，该倡议得到了美国财政部长的支持。从2024年起，全球年营业额超过7.5亿欧元（8.25亿美元）的跨国公司，无论位于何处，都需要缴纳最低15%的税率。
