Mazars Vietnam are pleased to attach our Vietnam Legal and Tax Updates for November 2016. In this edition, we highlight the strategic updates, operational updates and payroll updates as per below:
Circular No. 12/2016/TTLT-BKHCN-BTC
The circular provides guidance on the allocation and management of the Science and Technology Development Fund in enterprises.
Official Letter No. 2322/TCT-CS
The letter provides guidance on deductible expenses for interest expenses.
Official Letter No. 3869 /TCT-DNL
The letter provides guidance on tax recollection related to enterprises’ expansion investment activities.
Official Letter No. 2389/TCT-CS
The letter guides Foreign Contractor Tax , related to sales activities in the bonded warehouses of foreign contractors.
Guidance on Foreign Contractor Tax
Official Letter No. 4768/CT-TTHT guiding the use of invoice when exporting goods
Official Letter No. 47939/CT-HTr and 48761/CT-HTr
The letter provides guidance on determining deductible expenses on tuition fees for foreign employees’ children for CIT calculation purpose.
Guidance on Personal Income Tax
Download the full guides in English and Vietnamese as below.
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