Foreign direct investment has played a key part in driving Vietnam’s economic success, but lawmakers say the country is losing too much money to transfer pricing. To broaden its tax base, the government is speeding up implementation on solutions for technology transfer and anti-tax avoidance regimes.
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China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap