OFFICIAL LETTER 57077/CT-TTHT DATED 15 AUG 2018 OF HA NOI TAX DEPARTMENT GUIDING PROFIT TRANSFER TO FOREIGN COUNTRY
Official letter 57077/CT-TTHT dated 15 Aug 2018 of Ha Noi Tax Department guiding profit transfer to foreign country:
The Company has fulfilled its financial obligations to the State of Vietnam, has submitted financial statements to the tax authorities directly, now the company has transferred the accumulated profits from 2005 to 2015 to foreign country, beyond:
- Announcing the transfer of profits abroad: The company uses the form "Notification of profit transfer abroad" issued in accordance with Circular 186/2010 / TT-BTC and sent to the tax office directly under regulations. The company made a notice of the transfer of profits abroad for the period from 2005 to 2015 and on the Company's notice of the specific transfer of profits of each year.
- On the transfer of profits abroad: The company shall decide on the amount of profits transferred abroad, but must comply with the provisions of Circular 186/2020 / TT-BTC..
- On the time of transferring profits abroad: The company shall transfer profits abroad after 07 working days from the date of sending the notices to the tax authorities directly managing them.