OFFICIAL LETTER 1421/TCT-KK DATED 06 APRIL 2016 OF GDT GUIDING VAT DECLARATION AT DEPENDENT ACCOUNTING BRANCH
According to official letter 1421/TCT-KK:
If the company has its head office in HCM city, established a dependent unit as a branch in Bac Ninh province. Dependent branch only produces, does not directly sell goods, does not incur revenue, does not conduct accounting records, the company declared in the head office (HCM Taxation Department) and pays tax where the dependent unit locates (Bac Ninh Taxation Department).
VAT payable in the locality where the dependent unit locates is 2% (for VAT goods of 10% VAT tax rate) or t 1% (for VAT goods of 5% VAT tax rate) to revenue of non-VAT sale amount.
Taxpayers must prepare and submit VAT allocation sheet form 01-6/GTGT issued together with Circular 156/2013/TT-BTC with tax files to tax authority, also submitted one copy of form 01-6/GTGT of tax authority in charge of the dependent unit.
