Official letter 78543/CT-TTHT about contractor tax of loan guarantee fees:
Pursuant to the above instructions, in the case of 2017, the Unit that pays the loan guarantee expenses as agreed upon for the foreign contractor is not a credit institution, if the foreign contractor fails to satisfy the If one of the conditions mentioned in Article 8 Section 2 Chapter II is satisfied, the Unit shall declare and pay tax on behalf of the foreign contractor according to the guidance in Article 12 and Article 13 of Circular No. 103/2014/TT-BTC mentioned above. can:
+ VAT: The rate is 5% on taxable revenue.
+ CIT: The rate is 5% on taxable revenue.
