Uni 02-01-2019 - Tax policy on the cost of contributions to association funds

Official letter 96150/CT-TTHT  2019 about tax expenses when contributing to association funds:

In case, the company incurs expenses for contributing to the Association's funds established in accordance with the law, if the expenses contributed to the above-mentioned funds of the Association are in line with the Association's regulations, Determined to be deductible expenses when calculating corporate income tax if meeting the provisions of Article 4 of Circular 96/2015 / TT-BTC. In case the above-mentioned contribution to the funds of the Association exceeds the level prescribed by the Association, it cannot be deducted when determining the taxable income.