It is reported that the Ministry of Finance and Economy (MOFE) unveiled the 2008 tax law revision proposal on 22 August 2007, which will be submitted to the National Assembly when its regular sessions begin in September 2007. If passed, the proposal will go into effect in 2008. The proposal focus is to enhance redistribution, support growth and broaden the tax base. The details of the proposal are summarized below.
Encouraging foreign direct investment
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