Official letter 28812/CTHN-TTHT about tax policy for shipping cost support:
- For invoice: in case the Company provides transportation support to the buyer to promote the consumption of the Company's products, when receiving the support money, the buyer will make a VAT invoice and deliver it to the Company and declare and submit it. VAT according to regulations.
- For deductible cost: The amount of transportation cost support is recorded by both parties to offset the debt as a basis for deduction from the value of purchased goods and is specifically stipulated in the contract/contract appendix, with a list and minutes. If the company confirms the transportation support costs between the two parties, the company will be included in the deductible costs when determining income subject to corporate income tax if it meets the conditions specified in Article 4 of Circular No. 96/2015/TT-BTC. dated June 22, 2015 of the Ministry of Finance.
