Mazars in Vietnam Newsletter - Tax & Accounting Update - Issue August 2022

We would like to release the latest Tax & Accounting Newsletter – August issue, in which we highlighted considerable tax updates including Value Added Tax (VAT), Corporate Income Tax as well as key accounting matters.

I. Tax updates

  1. Decree 49/2022/ND-CP (“Decree 49”) amending and supplementing a number of articles of Value-Added Tax (“VAT”)
  2. Official Letter 1954/TCT-DNI guiding VAT rates for property leasing and sale, gifting
  3. Official Letter 10643/CTBDU-TTHT guiding the remaining costs of packaging and raw materials after exporting goods and destroying packaging and raw materials in Vietnam
  4. Official Letter 1973/CTBNI-TTHT guiding the application of CIT incentives when changing the location of submitting tax declaration dossiers

II. Accounting updates

  1. Circular 41/2022/TT-BTC guiding the accounting policies applied to social and charity activities

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Disclaimer:

We do trust the above points are notable and sufficient, but should you have any questions or need a deeper discussion on this issue, please do not hesitate to contact us.

OUR SUPPORT

For regulation changes and tax matters, we can provide you with assistance on:

  • Registration, declaration of Personal Income Tax, Corporate Tax, VAT and Foreign Contractor Tax.
  • Tax refunds assistance and representation.
  • Consultancy on utilizing opportunities provided by transfer pricing.
  • Customs advisory: Compliance & reporting; FTA and C/O; Harmonised System code classification and valuation; Inventory control; International trade arrangement; and Others.

Download full issue in English and Vietnamese below

Documents

[ENG] Mazars in Vietnam_Tax & Accounting Newsletter_August 2022
[ENG] Mazars in Vietnam_​Tax & Accounting Newsletter_​August 2022
[VIE] Mazars Việt Nam_Tin Thuế và Kế toán_Tháng 8, 2022
[VIE] Mazars Việt Nam_​Tin Thuế và Kế toán_​Tháng 8, 2022