May 16 – In international trade, the tax systems of individual countries often place global investors at a disadvantage to expect redundant taxes on their income, i.e. double taxes. For example, a company may be taxed in its country of residence and in countries where it generates income through foreign investment in the provision of goods and services. When the agreement between the Government of the Socialist Republic of Vietnam and the Government of the French Republic was signed to avoid double taxation and prevent tax evasion and the smuggling of income and property taxes, the signatories agreed on the following provisions, which are an integral part of the agreement. (b) in the event that one or more agreements to avoid double taxation are signed after 30.07.1992 between Vietnam and one or more European Economic Community (EEC) states, involve one or more provisions similar or identical to those covered in Article 24 of the organisation for economic co-operation and development (OECD) tax treaty sample. , Vietnam accepts the most appropriate treatment by applying one or more such automatic provisions to citizens, businesses or residents, such as citizens, businesses or residents of that Member State. 4. The competent authorities of the contracting states may communicate directly with each other in order to reach an agreement in accordance with the above clauses. Agreements between Vietnam and Spain aimed at avoiding double taxation and preventing income tax evasion. (1) In the case of Vietnam, double taxation is avoided as follows: 2. a) With regard to Article 10 and Article 11, when, in a convention on the prevention of double taxation and the prevention of fraud and smuggling with a third country member of the European Economic Community (EEC) , Vietnam provides for a tax rate of less than 0% of the tax rates covered in this agreement automatically replace the rates covered in this agreement, calculated as of the entry into force of this agreement between Vietnam and that third country. If there is a direct conflict between national tax laws and the tax provisions of a DBAA, they will predominate in the DBAA.

However, national tax legislation prevails when the tax obligations contained in the DBAA do not exist in Vietnam or when the tax rates of the agreement are higher than national rates. For example, if a signatory country has the right to impose a tax that does not recognize Vietnam, then Vietnamese tax laws apply. It is therefore extremely interesting for foreign investors to be aware of the existing double taxation prevention agreements (DBAA) between Vietnam and different countries, as well as the implementation of these agreements. These contracts effectively eliminate double taxation by imposing exemptions or reducing taxes liability in Vietnam. 2. The competent authority endeavours to resolve the matter by mutual agreement with the competent authority of the other contracting State where the objection appears to be well founded and is unable to find an appropriate solution to resolve the matter by mutual agreement with the competent authority of the other contracting State, in order to avoid taxation that is not in accordance with the agreement. Any agreement reached will be implemented in the domestic law of the States Parties, regardless of the time frame. Agreement between the Government of the Russian Federation and the Government of the Republic of Albania to avoid double taxation on income and capital taxes 3.