According to clause 3 Article 7 of Circular No. 103/2014/TT-BTC, foreign enterprises that liquidate assets in Vietnam have to declare and pay withholding tax in terms of enterprise income tax.
The payable tax shall equal 1% of taxable revenue (clause 2 Article 13 of Circular No. 103/2014/TT-BTC ).
|Published||Vietlaw's Newsletter No. 575|