Vietnam Weighs Tax Handouts Amid Pressure From Samsung: Reuters

Vietnam is considering steps to compensate Samsung and other foreign investors for higher levies set to take hold next year under a global overhaul of tax rules, Reuters reports, citing a person involved in the talks.

• The country has committed to comply with a global reform led by the Organisation for Economic Cooperation and Development that would apply a minimum tax rate of 15% for multinationals as of January
• The government is readying a draft resolution offering partial compensation to big multinationals that could be approved by lawmakers in October, according to the report
• Vietnam’s ministry for planning and ...