Vietnam: Resolution on Global Minimum Tax

KPMG Law Limited

29th November 2023

The National Assembly of Vietnam has passed a Resolution in respect of the OECD’s Pillar Two Model Rules. The Resolution will come into effect from 01 January 2024. The Resolution requires large multinational groups to pay a global minimum corporate income tax of 15% on profit in each jurisdiction.

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KPMG Law Limited

Vietnam
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