Newsletter – August 2023

1. Important notes on Conditions of Foreign Loans applicable to borrowers who are not credit institutions, branches of foreign banks in Vietnam – Circular 08/2023/TT-NHNN (“TT08”) dated 30 June 2023 issued by The State Bank of Vietnam stipulates the conditions for foreign loans not guaranteed by the Government (effective from 15 August 2023) as follows:
2. Deductible expenses when determining taxable income – OL No. 51950/CTHN-TTHT dated 18 July 2023 issued by the Tax Department of Ha Noi specifically as follows:
3. VAT declaration for factory leasing activities – OL No. 47362/CTHN-TTHT dated 05 July 2023 issued by the Tax Department of Ha Noi specifically as follows:
4. The implementation of tax obligations on income from abroad – OL No. 56955/CTHN-TTHT date 04 August 2023 issued by the Tax Department of Ha Noi stipulated as follows:
5. IMPORT TAX REFUND – OL No 3249/TCHQ-TXNK dated 26 June 2023 issued by the General Department of Customs guides as follows:

KMC_Newsletter_August 2023 (EN version)