OFFICIAL LETTER 58894/CT-TTHT DATED 29 AUG 2017 OF HA NOI TAXATION DEPARTMENT TO DETERMINE TRANSACTIONS OF THE RELATED PARTIES
Official letter 58894/CT-TTHT dated 29/08/2017 of Ha Noi Taxation Department guiding transactions of the related parties:
In case, Company A and Company B bases actual situation and refer to regulations of articles 5, Decree 20/2017/NĐ-CP dated 28/04/2017 of Government to determine transactions of the related parties:
- Services of a Hotel that company A provides for Company B to determine as transactions of the related parties regulated in Clause 3 article 4 Decree 20/2017/NĐ-CP and adjusted with this Decree.
- Total cost of interest in the period of the company is deducted when determining CIT taxable income as regulations of Clause 3 article 8 Decree 20/2017/NĐ-CP dated 28/04/2017.
- Loan interest of the company is capitalized if meeting conditions of article 4 Circular 96/2015/TT-BTC and VAS 16.
