NTS set to improve taxation for foreingers

National Tax Service is to improve taxation service for foreign companies. The head of NTS said today “in an environment where the country should have fierce competition with the world to entice foreign investment, taxation should not work as a stumbling block.”

The national agency will clarify any ambiguity in the tax law, improve service, and minimize taxation interruption for foreign companies which are paying taxes sincerely. It will, however, firmly deal with any attempt to avoid paying taxes using Aggressive Tax Planning, in consistent with international standard.