HANOI, June 21 (Xinhua) — The corporate income tax on Vietnam’s small and micro-sized enterprises might be cut to 15-17 percent from a current common rate of 20 percent, depending on previous revenues, according to the country’s draft amendments to the Law on Corporate Income Tax, Vietnam News Agency reported Friday. The Ministry of Finance has proposed a tax rate of 15 percent for enterprises with revenues of

HANOI, June 21 (Xinhua) — The corporate income tax on Vietnam’s small and micro-sized enterprises might be cut to 15-17 percent from a current common rate of 20 percent, depending on previous revenues, according to the country’s draft amendments to the Law on Corporate Income Tax, Vietnam News Agency reported Friday.

The Ministry of Finance has proposed a tax rate of 15 percent for enterprises with revenues of

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