OFFICIAL LETTER NO.4645/TCT-TNCN DATED 27 DECEMBER 2013 OF GDT IN GUIDANCE OF PIT FOR CONTRIBUTION CAPITAL TRANSFER
According to Official letter No.4645/TCT-TNCN:
Individuals who transfer contribution capital must declare and pay PIT for income from capital investment and capital transfer:
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For income from capital investment: the assessable income is the entire amounts that makes the capital increase from the contribution time until the transferred capital.
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For income from capital transfer: the assessable income equals to the transferred price minus the purchase of contribution capital and the related expenses. The purchase of contribution capital is determined on basis of ledgers, including the beginning, added contribution capital and gains of the increased capital.
