Newsletter – July 2023

1. Determine the discount on exchange bills and deferred interest in the formula for calculating total interest expense – OL No. 42369/CTHN-TTHT dated 19 June 2023 issued by the Tax Department of Ha Noi guides as follows
2. Regulations on VAT reduction policy according to Resolution No. 101/2023/QH15 dated 30 June 2023 – Regulations No. 44/2023/NĐ-CP dated 30 June 2023 of the Government guidance as follows
3. PIT deduction for royalties – OL No. 45192/CTHN-TTHT dated 30 June 2023 of the Tax Department of Ha Noi guides as follows
4. Decree on Export Tariffs, Preferential Import Tariffs, Nomenclature of products and fixed duties, mixed duties, out-of-quota import duties – Decree No. 26/2023/NĐ-CP dated 31 May 2023 granted by the Government guides as follows
5. Checking E-Invoices – OL No. 2392/TCT-QLRR dated 14 June 2023 issued by the GDT guidances as follows
6. Compulsory Insurance premium rate from 1 July 2023 – On 7 June 2023, the Vietnam Social Insurance Department issued Notice No. 2651/TB-BHXH regulated the payment of social insurance, health insurance, unemployment insurance, occupational accident and disease insurance from 1 July 2023 specifically

KMC_Newsletter_July 2023 (EN version)