KMC’s Newsletter – July 2024 updated contents on accounting, tax, human resources, investment and business as follows:
| 1 | OL No. 2155/TCT-CS dated 21 May 2024 issued by GDT guides on VAT for repairing services performed outside the non-tariff zones. |
| 2 | OL No. 1569/TCT-KK dated 15 April 2024 issued by the GDT regarding deductible VAT transferred in the next period when the branch terminates operation. |
| 3 | OL No. 28812/CTHN-TTHT dated 17 May 2024 issued by Ha Noi Tax Department guidance on CIT for supporting transportation expenses. |
| 4 | OL No.18135/CTBDU-TTHT dated 04 July 2024 issued by Binh Duong Tax Department regarding fully guidance on salaries of foreigners working in Vietnam, paid by oversea Parent Company then paid back by the Company in Vietnam. |
| 5 | OL No.1504/TCT-DNNCN dated 11 April 2024 issued by the GDT stipulated PIT obligations when transferring capital contributed by real estate. |
| 6 | OL No.2363/CTHYE-TTHT dated 11 June 2024 issued by Hung Yen Tax Department about Invoices issuance for services entitled to and not entitled to VAT reduction. |
| 7 | OL No. 40278/CTHN-TTHT dated 10 July 2024 issued by Ha Noi Tax Department regarding the time of invoices issuance. |
| 8 | OL No, 18137/CTBDU-TTHT dated 04 July 2024 issued by Binh Duong Tax Department guides on trade discount. |
| 9 | OL No.2926/CTCTH-TTHT dated 20 June 2024 issued by Can Tho Tax Department stipulated the documents for the non-cash payment by individual card. |
KMC’s Newsletter aims to update and summarize the general provisions related to Taxation, Accounting, Investment and Labor in Vietnam. You should seek professional advice before making a decision.
