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
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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World Bank. (October 8, 2021). Total tax rate as a percentage of profits for medium sized businesses in Vietnam from 2011 to 2020 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/730984/vietnam-total-tax-rate-for-medium-sized-businesses/
World Bank. "Total tax rate as a percentage of profits for medium sized businesses in Vietnam from 2011 to 2020." Chart. October 8, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/730984/vietnam-total-tax-rate-for-medium-sized-businesses/
World Bank. (2021). Total tax rate as a percentage of profits for medium sized businesses in Vietnam from 2011 to 2020. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/730984/vietnam-total-tax-rate-for-medium-sized-businesses/
World Bank. "Total Tax Rate as a Percentage of Profits for Medium Sized Businesses in Vietnam from 2011 to 2020." Statista, Statista Inc., 8 Oct 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/730984/vietnam-total-tax-rate-for-medium-sized-businesses/
World Bank, Total tax rate as a percentage of profits for medium sized businesses in Vietnam from 2011 to 2020 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/730984/vietnam-total-tax-rate-for-medium-sized-businesses/ (last visited November 10, 2024)
Total tax rate as a percentage of profits for medium sized businesses in Vietnam from 2011 to 2020 [Graph], World Bank, October 8, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/730984/vietnam-total-tax-rate-for-medium-sized-businesses/
