TAX UPDATES
On 24 June 2020, Decree No. 68/2020 / NĐ-CP ("Decree No. 68") granted by the Government on amending and supplementing Clause 3 Article 8 of Decree No. 20/2017 / NĐ-CP (“Decree No. 20 ”) on tax administration for enterprises engaged in transfer pricing.
The content of Decree No. 68 involves the level of deductible interest expenses for enterprises engaged in transfer pricing. Decree No. 68 shall take effect from the date of signing and be applied from the 2019 tax period. Also, it allows enterprises to apply the retrospective effect of provisions on deductible interest expenses under the guidance of the Decree for the fiscal year 2017 and 2018, instead of following the guidance of Decree No. 20.
The tax update hereby raises some key points of Decree No. 68.
Related Posts
Official Letter No. 296/CT-CS: Clarification of Foreign Contractor Tax Obligations for Data Center and Cloud Computing Services
Decree 20/2026/NĐ-CP: Detailed Guidance on Tax Incentives and Premises Support under Resolution 198
Decree 359/2025/NĐ-CP: removal of seller-related constraints on VAT refunds and clarification of vat applicable to agricultural products
Decree NO. 320/2025/NĐ-CP: major changes to capital transfer tax and tax exemption mechanism for group restructuring
Important notes on the scope of non-cash payments under decree No. 320/2025/NĐ-CP
Key highlights of the personal income tax law 2025: new progressive tax tariff and regulations for household businesses, and taxation of digital assets
Overview of Key Changes in the Draft Amended Law on Tax Administration 2025: Impacts and Key Considerations for Businesses
Decree No. 310/2025 NĐ-CP: a breakthrough in penalties on invoices & key changes businesses need to know
Guidance on input VAT deduction for late payments – according to official letter 5487/CT-CS
