Igor, though it is withholding taxes. I am not sure that domestic gov will pay back to investor.
Currently, we see a lot of company move their headquaters to tax-heaven territories like cayman, bristish island….which has very low tax rate.
Assum a company located in cayman where tax rate is 5%. The company has an income arising in Vietnam and Vietnam gov taxes 20% withholding….Is the company refunded 15% difference? |