OFFICIAL LETTER NO. 2623/TCT-HTQT DATED 10 JULY 2014 OF GDT IN GUIDANCE OF TAX EXEMPTION FOR INTEREST
According to official letter No.2623/TCT-HTQT:
Loan interest arising in Viet Nam and paying to the loan of JFC (Japan finance corporation) and JBIC (Japan bank for international cooperation) will be exempted from CIT in Viet Nam. In detail: exemption is applied to the interest of loan contract from 01 October 2008 to 31 March 2012 for JFC; and from 01 April 2012 for JBIC.
Procedures are applied to the double taxation avoidance agreement in article 20, charter II of Circular No.156/2013/TT-BTC dated 06 November 2013 of MOF
