On October 8, 2021, the Organization for Economic Cooperation and Development (OECD) announced a major breakthrough on a global minimum corporate tax rate of 15 percent, expected to be applied from 2023. As a country attracting many foreign investment based on tax incentives policies, especially corporate income tax policies, it is believed that this new regulation would have big impacts on Vietnam's economy, affecting current FDI projects as well as reducing the power of new investors.
Join EuroCham at this unique event to find out more on:
•What Vietnam planned to keep its attraction in the eyes of foreign investors when tax incentives is no longer an option
•Should Vietnam extend financial support and in what forms to the FDI?
•What Vietnam should do with regards to the infrastructure and human resources in order to remain FDI
•Which countries among ASEAN might be competitors with Vietnam when this commitment comes into effect?
•Will this commitment affect budget revenues of Viet Nam in a negative way and if yes, what are measures to balance?
•View of policy makers in the area of FDI and tax