10:52 AM, 07/11/2011

State to cut tax rates

VGP – The Government has issued Decree 101/2011/ND-CP based on cutting corporate and individual tax rates to reduce obstacles in production and business activities resulting from the economic crisis.

According to the decree, tax will be reduced by 30-50% by the end of next year.

The decree will come into effect on December 20. – VNS

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