Official Letter No. 33190/TCBDU-TTHT dated December 30, 2024, issued by the Tax Department of Binh Duong Province regarding corporate income tax policy

In cases where a company engages in related-party transactions, the total deductible loan interest expenses, after offsetting deposit interest and lending interest incurred during the period, must not exceed 30% of the sum of the net profit from business activities during the period, loan interest expenses (after offsetting deposit interest and lending interest incurred during the period), and depreciation expenses incurred during the period when determining taxable income for corporate income tax purposes.