The corporation tax is complemented by surcharges in India, Japan, and South Korea and by local profits taxes in Japan and the Philippines. Besides the tax rates, the regulations governing the tax base, e.g. depreciation allowances granted for tax purposes, are an important determinant of ...
5 Overview of Taxation in China Export Refund General taxpayers who have obtained the right of import and export may enjoy export tax rebates if they export the duty-free goods or the goods under export restriction and prohibition as specified in the tax law. Small-scale taxpayers are not ...
6 | Viet Nam Pocket Tax Book 2024 Corporate Income Tax ("CIT") Tax rates Companies are subject to the tax rates imposed under the CIT Law. The standard CIT rate is 20%. Effective from 1 July 2023, companies operating in the oil and gas industry are subject to CIT rates ranging from ...
Legal entities (e.g.,wholly foreign-owned enterprises or joint ventures) – such entities are taxed on incomes arising from business activities according to the corporate income tax law. The current standard tax rate in Vietnam for corporate entities is currently 20 percent. Non-legal entities –...
The World Bank, (2009). Anti-Money Laundering and Combating the Financing of Terrorism: Republic of the Philippines, 2nd Mutual Evaluation Report, Sydney: Asia/Pacific Group on Money Laundering & World Bank.International Monetary Fund. "Mexico: Detailed Assessment Report on Anti-Money Laundering ...
the main object of this regulation (law 11,941/09) was to provide a temporary tax neutrality for the new accounting rules (i.e. changes in accounting rules should not affect corporate tax calculations). the provision caused a number of uncertainties for taxpayers as certain aspects of the ...
Lerner and Schoar (2005) found that capital structures are influenced by the rule of law and the institutional quality of security regulations. Common-law countries have better performing VC sectors and more frequently employ convertible securities. The evolution of the US VC industry offers some ...