Official letter 14198/CTHN-TTHT on finalization of foreign contractor tax as follows::
In case, foreign contractors are subject to VAT directly calculated on VAT and pay CIT at the rate of % calculated on turnover, the Company is responsible for declaring according to the time of payment of money to foreign contractors and declaring settlement at the end of the contractor's contract as prescribed in Clause 3, Article 20 of Circular 156/2013/TT-BTC.
