In this issue
Potential tax issues with reimbursement of employment costs to overseas companies
Reimbursement of employment cost paid on behalf by overseas related companies is a common practice of foreign-invested companies in Vietnam. The reimbursement is often challenged and interpreted as payment for management services by local tax authorities and is therefore subject to Foreign Contractor Tax (FCT). We discuss the following in this issue.
►General Department of Tax’s viewpoint on reimbursement of employment cost of assignees working in Vietnam
►Our observations: Potential challenges of local tax authorities
Please click EY Vietnam_ Spotlight on tax_ May 2015 for more information.
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