Text & Form

A. NEW DOCUMENTS 1. Decree 180/2024/NĐ-CP of the Government regulating the value-added tax reduction policy under Resolution 174/2024/QH15 dated November 30, 2024, of the National Assembly. 2. Circular 24/2024/TT-BTC guiding the administrative and non-business accounting regime issued by the Minister of Finance. 3. Circular 01/2025/TT-BLĐTBXH on the adjustment of monthly salary and income for social insurance contributions. B. GUIDANCE DOCUMENTS 1. Official Letter 19/CTTQU-TTHT of the Tax Department of Tuyen Quang Province regarding value-added tax refunds for exported goods and services. 2. Official Letter 72/TCT-CS of the General Department of Taxation on corporate income tax policies. 3. Official Letter 11043/CTQNA-TTHT of the Tax Department of Quang Nam Province on invoicing and deductible expenses for corporate income tax purposes. C. ADDITIONAL INFORMATION 1. Official Letter 7539/CTBGI-TTHT of the Tax Department of Bac Giang Province on the recognition of owner’s contributed capital in the audited financial statements for 2024. 2. Official Letter 99/TCT-CS of the General Department of Taxation on value-added tax. 3. Official Letter 73/TCT-CS of 2025 issued by the General Department of Taxation addressing concerns regarding capital transfer activities.

A.    NEW DOCUMENTS     1. Law on Value Added Tax 2024 No. 48/2024/QH15 applicable in 2025 2. Resolution 174/2024/QH15, 8th Session, 15th National Assembly 3. Changes in conditions for input VAT deduction from July 2025   B. GUIDANCE DOCUMENTS 1. Official dispatch 2636/CTHPH-TTHT of Hai Phong City Tax Department on answering tax policy 2. Official dispatch 4614/CTHPH-TTHT of Hai Phong City Tax Department on guiding the issuance of individual invoices when liquidating assets 3. Official dispatch 2928/CTVPH-TTHT of Vinh Phuc Province Tax Department responding to policy on conditions for deduction for non-cash payments   C. ADDITIONAL THINGS TO KNOW 1. Official dispatch 6007/TCT-CS of the General Department of Taxation on value added tax policy 2. Official dispatch 31787/CTBDU-TTHT of the Binh Duong Provincial Tax Department on deductible expenses when setting aside and handling bad debts 3. Official dispatch 31789/CTBDU-TTHT of the Binh Duong Provincial Tax Department on tax policy for inventory goods that must be destroyed

A.    NEW DOCUMENTS     1.    Decree 143/2024/ND-CP on voluntary occupational accident insurance for employees working without labor contracts     2.    Circular 76/2024/TT-BTC regulating the information disclosure regime and reporting regime on the offering and trading of individual corporate bonds in the domestic market and the offering of corporate bonds to the international market. 3. Decree 147/2024/ND-CP on management, provision and use of internet services and online information   B. GUIDANCE DOCUMENTS 1. Official dispatch 51359/CTHN-TTHT on the use of electronic invoices in export processing zones when liquidating assets 2. Official dispatch 4991/TCT-CS of the General Department of Taxation on tax policies for sales discounts and trade discounts 3. Official dispatch 2521/CTVPH-TTHT of the Vinh Phuc Provincial Tax Department on value added tax and corporate income tax policies for dependent accounting branches   C. ADDITIONAL THINGS TO KNOW 1. Official dispatch 3644/CTTGI-TTHT on additional declaration when the buyer returns the goods 2.    Official Letter 5071/TCT-KK 2024 on VAT refund for investment projects 3.    Official Letter 3052/CTAGI-TTHT on electronic invoices for exported goods

A.    NEW DOCUMENTS 1.    Decree 123/2024/ND-CP of the Government regulating administrative sanctions for violations in the land sector 2.    Decree 128/2024/ND-CP amending Decree 81/2018/ND-CP guiding the Commercial Law 3.    Circular 48/2024/TT-NHNN applying interest rates on deposits of organizations at credit institutions B.    GUIDELINES 1.    Official Letter 3918/CTBNI-TTHT of the Bac Ninh Provincial Tax Department on value added tax policy during the construction phase of export processing enterprises 2.    Official Letter 3976/CTBNI-TTHT of the Bac Ninh Provincial Tax Department on corporate income tax incentives for expansion investment projects 3. Official Dispatch 8796/CTHDU-TTHT of Hai Duong Provincial Tax Department on tax policy for property lease contracts of individuals and business households C. MORE INFORMATION 1. Official Dispatch 4855/TCHQ-TXNK of the General Department of Customs on import tax refund 2. Official Dispatch 25992/CTBDU-TTHT of Binh Duong Provincial Tax Department on tax policy 3. Official Dispatch 4566/TCT-KK of the General Department of Taxation on value added tax (VAT) refund for investment projects in other provinces and cities

A. NEW DOCUMENTS. 1. Decree 103/2024/ND-CP on land use fees and land rent. 2. Circular 06/2024/TT-BLDTBXH 2024 amending and supplementing a number of articles of Circulars 26/2016/TT-BLDTBXH and 27/2016/TT-BLDTBXH. 3. Decision 1495/QD-KTNN on the Regulations on organization and operation of the State Audit Team issued by the State Auditor General on August 20, 2024. B. GUIDANCE DOCUMENTS. 1. Instructions for finalizing personal income tax from salaries and wages in 2024. 2. Official dispatch 17716/CTBDU-TTHT of the Binh Duong Provincial Tax Department on instructions on tax refund policy. 3. Official dispatch 3602/TCT-CS of the General Department of Taxation on contractor tax policy on loan interest. C.    MORE INFORMATION. 1. Official dispatch 5544/CTBDU-TTHT of the Binh Duong Provincial Tax Department on value added tax refund for on-site production activities. 2. Official dispatch No. 17832/CTHN-TTHT on contractor tax declaration. 3. Official dispatch 5714/CTBGI-TTHT of the Bac Giang Provincial Tax Department on corporate income tax incentives for adding more business lines.

A. NEW DOCUMENTS 1. The Government issues Decree 74/2024/ND-CP regulating regional minimum wages, effective from July 1, 2024 2. Decree 72/2024/ND-CP of the Government regulating the policy of reducing value added tax according to Resolution 142/2024/QH15 dated June 29, 2024 of the National Assembly 3. Do enterprises have to pay 7% more salary for qualified people when increasing regional minimum wages from July 1, 2024? B. GUIDANCE DOCUMENTS 1. Official Letter 75439/CT-TTHT in 2018 on compensation for breach of economic contracts 2. Official Letter 2087/TCT-CS in 2024 on corporate income tax policy issued by the General Department of Taxation 3. Customs procedures for imported goods sent by mistake C. ADDITIONAL INFORMATION 1. In case at the time the enterprise applies for a C/O, it uses the expected (technical) rate/loss rate, but at the time of post-clearance inspection, the enterprise provides an explanation and the Customs authority determines that the use of the actual rate affects the origin of the exported goods for which a C/O has been granted 2. Proposal to issue regulations on tax exemption for re-imported goods after repair or replacement 3. Value added tax policy on goods imported by contractors to build factories and offices for export processing enterprises

A. NEW DOCUMENTS Decree 64/2024/ND-CP extends the deadline for paying VAT, CIT, PIT, and land rent in 2024. Decree 65/2024/ND-CP extends the deadline for paying special consumption tax for domestically manufactured or assembled cars. Draft Resolution to reduce VAT in the last 6 months of 2024. B. GUIDANCE DOCUMENTS Official Letter 27296/CTHN-TTHT from the Hanoi City Tax Department regarding tax policy on loan interest. Official Letter 2728/CTQNG-TTHT from the Quang Ngai Provincial Tax Department on guiding the supplementary declaration of omitted input VAT. Official Letter 2353/TCT-CS 2024 on value-added tax. Official Letter 2285/CTHYE-TTHT from the Hung Yen Provincial Tax Department on depreciation costs when upgrading fixed assets. C. ADDITIONAL INFORMATION Official Letter 4371/CTDAN-TTHT from the Da Nang City Tax Department on invoicing for capital contribution activities. Official Letter 33314/CTHN-TTHT from the Hanoi City Tax Department on invoicing for subleasing land with attached infrastructure. Official Letter 15340/CTBDU-TTHT from the Binh Duong Provincial Tax Department on invoicing for returned goods. Official Letter 15344/CTBDU-TTHT from the Binh Duong Provincial Tax Department on abbreviating addresses on invoices.

A. NEW DOCUMENTS Decree 45/2024/ND-CP amending Decree 39/2019/ND-CP on the organization and operation of the Small and Medium Enterprise Development Fund. Decree 48/2024/ND-CP amending Decree 130/2018/ND-CP providing guidelines on digital signatures and digital signature authentication services. Decree 52/2024/ND-CP regulating non-cash payments. Proposal to increase the regional minimum wage from July 1, 2024. B. GUIDING DOCUMENTS Official Letter 2346/CTCTH-TTHT from Can Tho City Tax Department on the application of promotion programs. Official Letter 12683/CTBDU-TTHT from Binh Duong Province Tax Department on tax policy regarding capital contribution transfer. Official Letter 2125/TCT-CS 2024 on value-added tax policy. C. ADDITIONAL INFORMATION Official Letter 1681/TCT-QLN 2024 on the implementation of debt freezing for taxpayers required to file for bankruptcy, issued by the General Department of Taxation. Official Letter 11734/CTBDU-TTHT from Binh Duong Province Tax Department on onsite export activities. Official Letter 1930/TCT-CS 2024 on land rental exemption during basic construction, issued by the General Department of Taxation. Official Letter 26844/CTHN-TTHT from Hanoi City Tax Department on tax policies for household businesses.

A.    NEW TEXT 1.   Decree 10/2024/ND-CP on high-tech zones 2.  Decree No. 34/2024/ND-CP of the Government: Regulating the List of dangerous goods, transporting dangerous goods by road motor vehicles and inland waterway vehicles 3.   Is it possible to issue an invoice after the acceptance date? B.    INSTRUCTIONAL DOCUMENTS 1.   Official dispatch 10458/CTBDU-TTHT of Binh Duong Provincial Tax Department issuing invoices without tax codes and electronic invoices with commercial discounts 2.   Official dispatch 2612/CTBGI-TTHT of the Tax Department of Bac Giang province on issuing value-added invoices upon receipt of sold goods 3.   Official dispatch 10120/CTBDU-TTHT of the Tax Department of Binh Duong province on family allowance deduction documents for dependents C.   WHAT MORE YOU NEED TO KNOW 1.   Official dispatch 16889/CTHN-TTHT of Hanoi Tax Department on asset liquidation 2.   Official Dispatch 1511/TCT-KK 2024 invoices for business locations different from the province where the head office is located 3.  Official Dispatch 1457/TCT-QLN of the General Department of Taxation on temporary exit from the country for legal representatives of taxpayers