Uni 12-03-2020: About transfering loss from business transactions

Official letter No. 778/CT-TTHT dated 05, March 2020 about transferring loss from business transactions as follows:

The company needs to separate the income (profit, loss) from each business transactions of the previous year, In case the company cannot separately record, the income of each business transactions will be calculated by rate in accordance with regulations Clause 2 Articles 18 Circular No 78/2014/TT-BTC. In case tax period of 2018 the company was loss and calculated separately for each business transactions, the company must to transfer loss according to the business transactions at Clause 9 Articles 18 Circular No 78/2014/TT-BTC.