Global Daily Tax News, Vietnam Receives More OECD Support On Tax Information Exchange, (Sep 3, 2026)

Vietnam's tax authority has received technical support from the OECD on strengthening its legal and operational framework to effectively implement the Standard on transparency and exchange of information on request (EOIR).

56 officials from seven Vietnamese government institutions participated in a virtual workshop on the fundamentals of beneficial ownership delivered by the Global Forum Secretariat on August 27, 2026. The workshop was organised as part of the Global Forum Secretariat's ongoing technical-assistance programme for Vietnam, funded by the European Union.

Vietnam currently is placed on the EU's tax blacklist of countries that do not cooperate with the EU or have not fully met their commitments.

During the workshop, participants explored the key concepts underpinning beneficial ownership and discussed practical approaches to identifying beneficial owners. The program also featured interactive case studies involving complex ownership structures, including companies and trusts, requiring participants to analyze and interpret information from multiple sources.

The OECD said, "The event built on significant progress achieved by Vietnam in 2026, with the support of the Global Forum Secretariat, including two important reforms aimed at strengthening the beneficial ownership framework. Following its peer review published in 2025, these reforms contributed to Vietnam gaining Global Forum consent for a reassessment of its level of compliance with the EOIR standard, to be launched in the second quarter of 2028."

It added: "The workshop was designed to support Vietnam's efforts to ensure the availability of adequate, accurate, and up-to-date beneficial ownership information on relevant legal persons and arrangements. It also aimed to strengthen the capacity of competent authorities at both the national and regional levels to effectively implement, supervise, and enforce the beneficial ownership framework."

"Ensuring the availability of beneficial ownership information is key to tax transparency, as it helps fight tax evasion, money laundering and other illicit financial flows, while strengthening tax systems and supporting co-operation between jurisdictions."