OFFICIAL LETTER NO. 1335/CT-TTHT DATED 08 JUNE 2015 OF BAC NINH TAXATION DEPARTMENT IN GUIDANCE OF GRANTING VAT INVOICES FOR REAL ESTATE TRANSFER OF EXPORTING PROCESSING ZONE
According to official letter No. 1335/CT-TTHT:
Transfer of re-rent of land use right (land ground of industrial park) of exporting processing zone (EPEs) to domestic enterprise is not for business purpose of EPEs, which leads to 10% liable VAT
Tax authority grants a VAT invoice to EPEs to deliver to domestic enterprise. EPEs pays VAT fully (10% VAT tax rate); for CIT, EPEs is responsible for declaring taxable income for Transfer of re-rent of land use righto calculate CIT with 22% tax rate, pays fully to State budget before receiving VAT invoice.
