OFFICIAL LETTER 83301/CT-TTHT DATED 28 DECEMBER 2017 OF HA NOI TAXATION DEPARTMENT GUIDING ON RELATED PARTY TRANSACTION FILE EXEMPTION
Official letter 83301/CT-TTHT dated 28 December 2017 of Ha Noi Taxation Department guiding related party transaction file exemption:
In case, in 2017, the company only incurred 1 transaction with the related party (is the company established with Vietnam Law on enterprise), two companies do not enjoy CIT incentive, pay CIT with the same tax rate level of 20% meeting regulations of clause 1 article 11 Decree 20/2017/NĐ-CP, the company is exempted to declare determination of related party transaction at item III, IV form 01 in appendix issued together with Decree 20/2017/NĐ-CP, exempted from related party transaction file preparation, but must declare the exemption base at item I, II form 01 in appendix issued together with Decree 20/2017/NĐ-CP.
