OFFICIAL LETTER 1355/TCT-KK DATED 18 APR 2018 OF GDT GUIDING ON TAX DECLARATION AND PAYMENT FOR ACTIVITIES OF REAL ESTATE BUSINESS
Official letter 1355/TCT-KK dated 18 Apr 2018 of GDT guiding the declaration and payment of taxes on real estate business activities:
In case, the company has headquartered in Ho Chi Minh City but the real estate transfer occurs in Hai Phong, when declaring at the Tax Department of Ho Chi Minh City, the company must aggregate the arising revenue and VAT of goods and services sold on declaration 01 / GTGT; at the same time, declare the VAT amount already paid in Hai Phong on the expenditures [39] - VAT paid in other localities of construction, installation, sales and real estate activities outside the province. Declaration 01 / GTGT of the head office to clear the amount of VAT payable at the Tax Department of Ho Chi Minh City.
For corporate income tax, the company must compute CIT payable from the transfer of real estate in Hai Phong on declaration form 03 / TNDN when finalizing CIT with the Tax Department of Ho Chi Minh City. CIT payment vouchers in Hai Phong will be imported by the HCM City Department of Taxation to offset the Company's debts when the Company makes a CIT declaration to the HCMC Tax Department.
