OFFICIAL LETTER 23295/CTHN-TTHT ABOUT TAX POLICY OF SPONSORSHIP AND ADVERTISING ACTIVITIES WITH FOREIGN PARTNERS
Official letter 23295/CTHN-TTHTabout tax policy of sponsorship and advertising activities for foreign partners:
Based on the regulations, in case the Company has an activity of exporting goods (soccer balls) abroad without collecting money to serve the promotion of its products abroad, then when exporting goods The company must prepare a VAT invoice according to the provisions of Clause 1, Article 4 of Decree 132/2020/ND-CP. In case exported goods do not meet the conditions specified in item a, clause 2, Article 9 of Circular 219/2013/TT-BTC, the 0% VAT rate will not be applied.
