Vietnams Law on Personal Income Tax recognizes ten different categories of income with a host of different deductions tax rates and exceptions applying to each of them. Petroleum income tax is imposed at the rate of 38 on income from petroleum operations in Malaysia.
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Malaysia Residents Income Tax Tables in 2021.
. A tax resident is defined as someone residing in Vietnam for 183 days or more in either the calendar year or a period of 12 consecutive months from the date of arrival. Income Tax Rates and Thresholds Annual Tax Rate Taxable Income Threshold. There are no other local state or provincial.
No other taxes are imposed on income from petroleum operations. An effective petroleum income tax rate of 25 applies on income from petroleum operations in marginal fields.
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