Exclusive-Vietnam eyes multi-million-dollar handouts to Samsung, others to offset global tax -source


FILE PHOTO Employees make their way to work at the Samsung factory in Thai Nguyen province north of Hanoi Vietnam October 13 2016. REUTERSKham

FILE PHOTO: Employees make their way to work at the Samsung factory in Thai Nguyen province, north of Hanoi, Vietnam October 13, 2016. REUTERS/Kham

HANOI (Reuters) - Samsung and other foreign companies are pushing Vietnam to introduce a multi-million-dollar reform that would compensate them for higher levies they face from next year under a global overhaul of tax rules, a source involved in the talks said.

The discussions precede the introduction from January of a minimum tax rate of 15% for large multinationals under a landmark global reform led by the Organisation for Economic Cooperation and Development (OECD).

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