OrbitaxProposed reduction in CIT rate for 2014
|Proposed Changes|Vietnam
The Ministry of Finance is in the midst of drafting amendments to the Corporate Income Tax Law. Some of the draft amendments reported are as follows:
| - | CIT rate to be reduced to 23%; | |
| - | cap on deductible advertisement and promotion expenses to be increase from 10% to 15%; | |
| - | discounts granted on payments to be ful… |
