Tax & Accounting Blog

Vietnam Extends VAT Exemptions to Financial Services

Indirect Tax, ONESOURCE, Transaction Tax February 21, 2012

Vietnam has issued a new directive effective March 1, 2012 which expands the definition of VAT exempt supplies to include a number of financial services transactions including foreign exchange trading, the management of securities investment companies, and debt factoring (including the sale of debts).

The Directive is available at: