Update: Vietnam’s Global Minimum Tax implementation progress
As a follow-up to our previous tax alerts on Global Minimum Tax (GMT), we’d like to provide an update on Vietnam’s adoption of GMT.
关键词:Update
As a follow-up to our previous tax alerts on Global Minimum Tax (GMT), we’d like to provide an update on Vietnam’s adoption of GMT.

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The Vietnamese Government issued Decree 68/2020/ND-CP on 24 June 2020 (“Decree 68”), amending interest deductibility for companies subject to Transfer Pricing obligations in Decree 20 /2017/ND-CP (“Decree 20”).
On 24 February 2017, the Vietnamese Government issued Decree 20/2017/ND-CP (“Decree 20”) concerning tax administration for enterprises with related-party transactions. This is a significant release for Transfer Pricing (“TP”) and related-party transaction