
- Amount demanded: Data not available
- Outcome: pending
- Treaty invoked: United Kingdom – Vietnam BIT (2002)
- Sector: energy
- Issue: tax avoidance
by CEO, FOE & TNI
Effectively and fairly collecting taxes is essential for all states, and especially for developing countries that wish to sustainably develop. Tax collection also offers a means to guarantee quality public services for all and to collectively face the challenges of climate change. However, in Vietnam and in other countries, big corporations challenge governments that try to impose taxes on their massive profits. Investor-state dispute settlement (ISDS) is one of their main avenues to try to avoid paying taxes and to receive millions in compensation instead.
Tiếp tục đọc “ConocoPhillips & Perenco vs. Vietnam: Making profits but refusing to pay taxes”