LNT & Partners is proud to announce that our team led by Partner Thuy Nguyen has successfully secured the settlement of a tax dispute by mediation for our client, a multi-national corporation, against an administrative decision on corporate income tax incentives issued by a tax authority in Vietnam. The settlement decision came after the tax authority agreed not to impose any monetary fine or late payment interest on our client. The team working on this case consisted of Ms. Nhi Luong – Counsel, Ms. Hong Nguyen - Senior Associate, Mr. Phuong Nguyen – Mid-level Associate, as well as other associates.
Initiating a legal action against a tax authority in Vietnam is not an easy decision to make; however, if substantial legal grounds can be established, some enterprises are still willing to bring their cases to court to seek an objective ruling. A transparent investment climate must ensure absolute compliance with the laws as well as transparency in determining the responsibilities of the violating party, regardless of whether that party is a private enterprise or a public authority. At LNT, we always take pride in providing top-class legal support and ensuring all our clients’ concerns arising during operation are understood and properly addressed.