Article: Vietnam to remove tax incentives to some firms in 2008

Vietnam to remove tax incentives to some firms in 2008

HANOI, Dec. 7 (Xinhua) -- Equitized enterprises, securities companies and investment fund management firms in Vietnam will no longer enjoy corporate income tax incentives as of next year, local newspaper Vietnam News reported Friday.

Under a circular recently issued by the Vietnamese Finance Ministry, these firms will not be eligible to continuously enjoy the tax exemption in the first two years of operation, and a 50-percent ...

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