Vietnam: Decree against transfer pricing of foreign multinationals hurts local firms

The Hanoitimes – Major Vietnamese corporations said that the regulation has discouraged them from investing. A Vietnamese decree is in place to tackle transfer pricing abuse by firms, especially foreign multinational companies, but local enterprises complain they are caught in the crossfire. Decree No. 20/2017/ND-CP, which came into force in May 2017, regulates that interest expenses […]

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