Significant Insights
How “FATCA”, a US Law, Impacts Vietnamese Fund Managers
April 17th, 2025Introduction Can a Vietnamese entity operating wholly in Vietnam be subject to US tax liability and to US penalties? The answer is, yes. Some of the exposed entities are securities firms, exchange traded funds, fund management companies and commercial banks. There are others. The Foreign Account Tax Compliance Act (“FATCA”) was enacted in 2010 to […]