OFFICIAL LETTER NO.3689/TCT-CS DATED 04 NOVEMBER 2013 OF GDT IN GUIDANCE OF VAT TREATMENT OF THE DISSOLVED DEPENDENT BRANCH
According to official letter No.3689/TCT-CS:
An enterprise has a branch in province, city under control of Central other than province, city where its head office is located. The branch is a dependent accounting unit which has the seals, tax codes, bank accounts, performs full accounting records and pays tax by deduction method at the tax authority directly in charge. When the enterprise issues a Decision of branch dissolution and then receives all assets, equipment, personnel as well as settlement for the branch’s existing problems, the branch’s input VAT amounts (if any) will be moved to the enterprise for declaration, deduction
According to official letter No.3689/TCT-CS:
An enterprise has a branch in province, city under control of Central other than province, city where its head office is located. The branch is a dependent accounting unit which has the seals, tax codes, bank accounts, performs full accounting records and pays tax by deduction method at the tax authority directly in charge. When the enterprise issues a Decision of branch dissolution and then receives all assets, equipment, personnel as well as settlement for the branch’s existing problems, the branch’s input VAT amounts (if any) will be moved to the enterprise for declaration, deduction
