Official letter 27326/CTBDU-TTHT about tax policy:
In case the Company imports machinery, equipment and raw materials to serve production and business activities, but the parent company abroad pays the seller on behalf of the Company, the Company is not obliged to pay back the money to the parent company for this payment, the Company is not eligible to account for deductible expenses when calculating corporate income tax for the above invoices for machinery, equipment and raw materials because there is no non-cash payment document as prescribed in Clause 10, Article 1 of Circular 26/2015/TT-BTC and Article 4 of Circular 96/2015/TT-BTC of the Ministry of Finance. In case the Company incurs expenses related to the establishment of the enterprise during the period before operation, the Company shall comply with the instructions in Point b, Clause 1, Article 47 of Circular 200/2014/TT-BTC dated December 22, 2014 of the Ministry of Finance..
