Vietnam Announces Issuance of Decree on Application of Additional Corporate Income Tax Under Specified Provisions

The Vietnamese Government Aug. 30 announced the issuance of Decree No. 236/2025/ND-CP on the application of additional corporate income tax under provisions regarding the prevention of global tax base erosion. The announcement includes measures to: 1) require constituent units of multinational corporations with annual consolidated revenues of at least 750 million euros (US$874.5 million) in two of the last four consecutive years preceding the fiscal year to pay additional corporate income tax; 2) exclude specific entities from the requirement, including, but not limited to, entities operating solely or principally for the purpose of holding assets or investing capital for the ...