Foreign firms warn Vietnam of investment freeze without new tax offset, source says [Yahoo! Finance]
Amkor Technology, Inc. (AMKR)
Last amkor technology, inc. earnings: 4/27 04:03 pm
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Source: Yahoo! Finance
In meeting with officials, firms voiced concerns, source says By Francesco Guarascio HANOI, March 7 (Reuters) - Large foreign multinationals said they may freeze new investment plans in Vietnam in the absence of subsidies to help offset the cost of a new top-up tax, said a person involved in talks on the matter between investors and the government. The investment-reliant manufacturing hub has been one of the main beneficiaries of companies relocating activity from China to minimise the impact of Sino-U.S. tension. But a tax hike alongside power supply problems, regulatory hurdles and wage increases may dent its competitiveness, analysts have said. Vietnam this year introduced the 15% Global Minimum Tax on large multinationals, an initiative shepherded by the Organisation for Economic Cooperation and Development (OECD). In accordance, incentives that lowered tax rates to as little as 5% will no longer be available, meaning some multinationals will effectively have to pay a top
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AMKR
News
- Earnings Beat: Amkor Technology, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models [Yahoo! Finance]Yahoo! Finance
- Amkor Technology, Inc. (NASDAQ: AMKR) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $32.00 to $36.00. They now have a "neutral" rating on the stock.MarketBeat
- Why Amkor Technology (AMKR) is a Top Momentum Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Are Investors Undervaluing Amkor Technology (AMKR) Right Now? [Yahoo! Finance]Yahoo! Finance
- Amkor Technology, Inc. (NASDAQ:AMKR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
AMKR
Earnings
- 4/29/24 - Beat
AMKR
Sec Filings
- 5/2/24 - Form 144
- 5/1/24 - Form S-3ASR
- 5/1/24 - Form 10-Q
- AMKR's page on the SEC website