Vietnams' General Department of Taxation has announced that the income tax treaty with Portugal entered into force on 9 November 2016. The treaty, signed 3 June 2015, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Portuguese personal income tax, corporate income tax, and surtaxes on corporate income tax. It covers Vietnamese personal income tax and business income tax.
Service PE
The treaty includes the provision that a permanent establishment will b…