Intel, Samsung, others said to push Vietnam for compensation from global tax
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Intel (NASDAQ:INTC), Samsung (OTCPK:SSNLF) and several other global technology companies have reportedly asked Vietnam for reform and compensation as they face a change in the tax structure around the globe, set to start next year.
Representatives from the aforementioned companies, as well as Germany's Bosch and others, asked for reform from Vietnam after the January introduction of the 15% minimum tax rate for global companies, put forth by Organization for Economic Cooperation and Development, Reuters reported, citing a source involved in the talks.

Vietnam has said it will comply with the ruling, but the country's Chamber of Business said Vietnam's "competitiveness will fade" if the issue is not resolved.
The ruling requires companies to face a tax in their home country for those that pay less in countries with lower tax rates. The global minimum tax is set to go into effect, starting in 2023.
Intel (INTC) and Samsung (OTCPK:SSNLF) did not immediately respond to a request for comment from Seeking Alpha.
Intel (INTC) shares rose 2.4% in pre-market trading on Tuesday.