Profitable FDI businesses pay low taxesThe foreign direct investment (FDI) sector contribute a modest amount to the State budget although they enjoy many incentives and get high profits. First, FDI businesses involved in hi-tech production are exempted from different types of taxes, including corporate income tax. For example, Samsung Bac Ninh and Samsung Thai Nguyen have been exempted from corporate income tax for many consecutive years. Some FDI businesses even enjoy the corporate income tax for 30 years, which is only half the amount domestic businesses have to pay. In addition to tax policies imposed by the State, many localities have implemented their own tax exemption policies to attract more FDI businesses, said Mr Thuy.