Managing tax deductibility of intercompany expenses

Managing tax deductibility of intercompany expenses 1

The deductibility of intercompany expenses involving “non-tangible” goods transactions continues to be an area of focus by the tax authorities, particularly those expenses for payments relating to intellectual property or provision of services.
Online gambling ring defendant returns $22 million

Online gambling ring defendant returns $22 million

Phan Sao Nam, the mastermind behind the Rikvip online gambling ring, has pleaded guilty and returned VND500 billion ($22 million).
Another police director general mixed up in Rikvip gambling ring

Another police director general mixed up in Rikvip gambling ring

Phan Van Vinh, former director general of MoPS' General Department of Police, is being prosecuted for involvement in the Rikvip online gambling ring.
Tech bosses of multi-million-dollar gambling ring arrested

Tech bosses of multi-million-dollar gambling ring arrested

Two technology officers from VTC Online and CNC were arrested for running a multi-million-dollar gambling line under the wings of former C50 director general.