OFFICIAL LETTER NO. 2327/TCT-CS DATED 15 JUNE 2015 OF GDT IN GUIDANCE OF CIT FOR EXCHANGE RATE DIFFERENCE AT BALANCE SHEET DATE
According to official letter No. 2327/TCT-CS:
Loss of exchange rate difference at balance sheet date such as cash on hand, cash in bank cash in transit, receivables in foreign currency is not included in deductible expense when CIT is determined.
Gain of exchange rate difference at balance sheet date such as cash on hand, cash in bank cash in transit, receivables in foreign currency is recognized in CIT taxable income.
