Tax Treaty between San Marino and Vietnam has Entered into Force

The income and capital tax treaty between San Marino and Vietnam entered into force on 13 January 2016. The treaty, signed 14 February 2013, is the first of its kind between the two countries.

Taxes Covered

The treaty covers San Marino general income tax on individuals and on bodies corporate and proprietorships. It covers Vietnamese personal income tax, business income tax, and capital tax.

Service PE

The treaty includes the provision that a permanent establishment will be deemed cons…