Vietnam: total tax rate for medium sized businesses 2020

In 2020, the tax rate for medium sized businesses in Vietnam was 37.60 percent of commercial profits. It increased from 2011, in which the tax rate for medium sized businesses was 33.10 percent of all profits in Vietnam.

Total tax rate as a percentage of profits for medium sized businesses in Vietnam from 2011 to 2020

Characteristic	Tax rate as percentage of profits
2020	37.6%
2019	37.8%
2018	38.1%
2017	39.4%
2016	39.4%
2015	40.8%
2014	40.8%
2013	35.3%
2012	39.9%
2011	33.1%

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Release date

October 2021

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Region

Asia, Vietnam

Survey time period

2011 to 2020

Supplementary notes

As per the source, the total tax rate measures the amount of taxes payable by medium-size businesses after accounting for deductions and exemptions, expressed as a share of commercial profits. The taxes withheld (such as sales or value added tax or personal income tax) but not paid by the company are excluded. The total tax rate is designed to provide a comprehensive measure of the cost of all the taxes a business bears.

The source did not provide a date of publication. The date used here is the access date.

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