OFFICIAL LETTER NO. 5607/TCT-DNL DATED 16 DECEMBER 2014 OF GDT IN GUIDANCE OF UNDISTRIBUTED PROFITS AFTER SETIING THE FUND UNDER REGULATIONS
According to official letter No. 5607/TCT-CS:
Non-deductible expenses regulated by Law on enterprises are business expenses meeting full conditions of accounting standards and regime with full invoices, vouchers under regulations of current Law, recognized as accounting expenses to determine accounting profits before tax. Profits after tax (as basis to distribute the funds and determine the remaining profits payable to State budget under Circular 187/2013/TT-BTC) is determined by profits after tax deduct the payables to State budget under regulation of Law.
