With the issuance of Circular 60/2012/TT-BTC dated 12 April 2012 (Circular 60) on Foreign Contractor Tax (FCT), income received by a foreign contractor with respect to online advertising and online training is now subject to withholding tax in Vietnam. Under the prior Circular 134/2008/TT-BTC dated 31 December 2008 (Circular 134), income from advertising and training […]