Tax & Legal updates - Issue June 2025

Stay up to date with the latest tax guidance from Vietnam’s authorities, featuring key updates on Corporate Income Tax (CIT), Personal Income Tax (PIT), Value Added Tax (VAT), and other important regulations released in June 2025.

Highlights include:

1. Corporate Income Tax (CIT)

Official Letter No.1066/CT-CS provides guiding conditions for deductible asset depreciation expenses when determining taxable income
Official Letter No.1088/CT-CS provides guidance on income from land subleasing by real estate businesses
Official Letter No.1408/CT-CS provides guidance on brokerage, advertising, marketing, and project management expenses related to real estate trading activities

2. Value Added Tax (VAT)

Official Letter No.1638/CCTKV06-QLDN1 provides guidance on VAT refunds for exported goods produced via domestic processing contracts
Official Letter No. 1203/CCTKV04-QLDN1 provides guidance on VAT policy for saturated steam supplied to export processing zones

3. Personal Income Tax (PIT)

Official Letter No.1105/CT-CS provides guidance on tax policy for brokerage commission expenses

4. Others

Official Letter No.2921/DTTNG-QLDN provides guidance on recording buyer information on electronic invoices for sales to business households

Download the full documents below to gain insights into the provisions.

Documents

[ENG] Forvis Mazars in Viet Nam_Tax & Legal Newsletter_Issue June 2025

Download pdf 14.86MB

[VIE] Bản tin Forvis Mazars Việt Nam_Cập nhật Thuế & Pháp lý_Tháng 6 2025

Download pdf 14.87MB

Contacts

Minh Nguyen Partner, Head of Advisory

Detailed profile

Da Nguyen Partner, Tax

Detailed profile

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Decree No. 20/2025/ND-CP (“Decree 20”)

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