Official Letter No. 1731/CCTKV.XVI-QLDN2 dated April 10, 2025, issued by the Regional Tax Sub-Department XVI regarding tax policies is as follows

• In the case where the VAT invoice for purchases by the Company in the period of July 2022 is determined by the tax authority to be invalid in accordance with regulations, the Company must submit a supplementary tax declaration dossier in accordance with Article 47 of the Law on Tax Administration No. 38/2019/QH14 and Clause 4, Article 7 of Decree No. 126/2020/NĐ-CP.
• If the Company’s expenses meet the conditions prescribed in Article 4 of Circular No. 96/2015/TT-BTC dated June 22, 2015 (amending and supplementing Article 6 of Circular No. 78/2014/TT-BTC), such expenses may be accounted as deductible expenses when determining taxable corporate income.
• In the event the Company incurs input VAT, the input VAT arising in a particular tax period shall be declared and credited against the output VAT payable for that period, regardless of whether the purchased goods have been put into use or are still in stock, in accordance with Clause 8, Article 14 of Circular No. 219/2013/TT-BTC, and provided the conditions set forth in Clause 10, Article 1 of Circular No. 26/2015/TT-BTC are met.

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