Official letter No 15990/CT-TTHT about related transactions as follows:
In the tax period, The company only engaged in the transfer pricing from borrowing and lending activities with related party transactions that total of revenue in the tax period was less than 50 billion VND and total value of all the related transactions in the tax period were less than 30 billion VND. The company is exempted from creating transfer pricing documents but is still responsible for declaring the value of related transactions according to Form 01 in the Appendix attached with Decree No 20/2017/ND-CP.
