Vietnam takes step towards global minimum tax to boost investment


HANOI, March 22 (Bernama-Xinhua): A global deal to ensure multinational companies pay a minimum tax rate of 15 per cent will force Vietnam to change the way it attracts foreign investors, local newspaper Vietnam News has reported.

Vietnam has been pursuing a range of fiscal policies for years aimed at luring foreign investments into the economy by offering tax relief and incentives, reported Xinhua.

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