Value Added Tax (VAT) On August 23, 2024, the Long An Provincial Tax Department issued Official Letter No. 3801/CTLAN-TTHT providing guidance on determining deductible expenses when calculating corporate income tax as follows: In case the Company buys moon cakes to…

Value Added Tax (“VAT”) On July 22, 2024, Binh Duong Provincial Tax Department issued Official Letter No. 19621/CTBDU-TTHT providing guidance on VAT policy as follows: In case the Company is responsible for organizing the management of an apartment building during…

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…

Policy of tax Tax policy for debt trading activities On April 26, 2024, Hanoi Tax Department issued Official Dispatch No. 24943/CTHN-TTHT guiding on tax policies for debt trading activities as follows: In case the Partner Company has debt selling activities…

Policy of tax 1) Instructions on accidentally canceling warehouse delivery notes and internal transportation On March 27, 2024, the Tax Department of Bac Giang Province issued Official Dispatch No. 1991/CTBGI-TTHT instructing when businesses accidentally cancel warehouse delivery notes cum internal…

Policy of tax 1) Pre-deduct costs that have not yet been incurred corresponding to recorded revenue On January 18, 2024, the Hanoi Tax Department issued Official Dispatch No. 3703/CTHN-TTHT on the deduction of apartment management costs as follows: In case…

I. Tax policy Regulations on high-tech zones On February 1, 2024, the Government issued Decree 10/2024/ND-CP regulating high-tech zones. Agency in charge of establishing and expanding high-tech zones: – Science and technology – Ministry of Agriculture and Rural Development Establishment…

About Corporate Income Tax Official Dispatch No. 5782/TCT-CS dated December 19, 2023 on goodwill costs when calculating corporate income tax According to the report of the Hanoi Tax Department in official dispatch No. 65207/CTHN-TTHT dated September 8, 2023, GE Healthcare…

  I. Tax policy Draft on the need to amend and supplement Decree No. 132/2020/ND-CP dated November 5, 2020 of the Government on regulations on tax management for enterprises with associated transactions On November 23, 2023, the Ministry of Finance…

Question 1. Handling when EBITDA is negative. Question: Company A is a subsidiary of Company B (B is a 100% foreign-invested enterprise in Vietnam). Company A borrowed money from Company B’s overseas parent company. I would like to ask if…