Uni 08-05-2014 - Guidance on CIT for the goods gifted, offered to customers

According to official letter No.1277/TCT-CS:

• When gifting, offering goods, services to customers for business and productions, the Company must recognize revenue on basis of products, goods and services in the same kinds in the market at the time of gifting, offering.
• Purchase expense of the gifted, offered goods used for business and production will be included in deductible expense when determining CIT if it has legal full invoices, vouchers and it is limited with ratio as regulations of clause 2.19 article 6 Charter II Circular No.123/2012/TT-BTC