CORPORATE INCOME TAX (CIT) Regulations on Provision for Investment Losses In cases where a company does not have sufficient grounds, at the time of preparing its annual financial statements, to determine that its investment in a subsidiary has decreased in…

CORPORATE INCOME TAX In June 2025, no new official letters regarding Corporate Income Tax (CIT) were issued. However, enterprises should continue to take note of several important guidelines issued during April–May 2025, which remain in effect, specifically: Tax Guidance on…

CORPORATE INCOME TAX (CIT) Tax Guide for Business Support Expenses. Companies that pay support (sales, promotions, discounts) to business households and individuals paying lump-sum taxes must declare and pay taxes on their behalf according to Decree No. 126/2020/ND-CP. Support expenses…

TAX ADMINISTRATION Decree No. 70/2025/ND-CP dated March 20, 2025 amending Decree No. 123/2020/ND-CP dated October 19, 2020 on invoices and documents: Decree No. 70/2025/ND-CP issued by the Government (effective from June 1, 2025) amends Clauses 1 and 2, Article 9…

I.VALUE – ADDED TAX (VAT) 1.Recover VAT refund for exported goods and services On January 8, 2025, the General Department of Taxation issued Official Dispatch No. 99/TCT-CS responding to Official Dispatch No. 1222/CT-TTKT dated January 17, 2024 of Lang Son…

I. VALUE-ADDED TAX (VAT) VAT Refund for New Investment Projects On December 20, 2024, the General Department of Taxation issued Official Dispatch No. 6141/TCT-KK, providing guidance on VAT policies as follows: The investment project of Tac Cau Seafood Joint Stock…

Decree No. 64/2024/ND-CP stipulating the extension of the deadline for paying value added tax, corporate income tax, personal income tax and land rent in 2024 On June 17, 2024, the Government issued Decree 64/2024/ND-CP extending the deadline for paying value…

I. Tax policy Tax policy and registration fees for vehicles without documents transferring vehicle ownership On May 10, 2024, the General Department of Taxation issued Official Dispatch No. 1978/TCT-CS guiding tax policies and registration fees for vehicles without documents transferring…

Below are some notable points: Tax risk management principles are introduced, with a focus on transfer pricing and enhancement of international cooperation ▪ New principles of tax administration are introduced, including independent transactions rules (“nguyên tắc giao dịch độc lập”),…