Newsletter on Taxation, Accounting and Business – June 2026
ACCOUNTING LEGAL UPDATE
- Circular No. 58/2026/TT-BTC dated 25 May 2026 issued by the Ministry of Finance providing guidance on the accounting regime applicable to micro enterprises.
TAX LEGAL UPDATE
- Official Letter No. 3251/CT-CS dated 21 May 2026 issued by the Tax Department regarding VAT policy.
- Official Letter No. 3336/CT-CS dated 22 May 2026 issued by the Tax Department regarding tax exemption and reduction for contractors under Double Taxation Avoidance Agreements (DTAAs).
- Official Letter No. 3337/CT-CS dated 25 May 2026 issued by the Tax Department regarding VAT policy.
- Official Letter No. 3514/CT-CS dated 29 May 2026 issued by the Tax Department regarding invoices and supporting documents.
- Official Letter No. 3705/CT-CS dated 05 June 2026 issued by the Tax Department regarding tax policy applicable to labor outsourcing expenses.
- Official Letter No. 3838/CT-CS dated 10 June 2026 issued by the Tax Department regarding the offsetting of taxable income within a tax period.
- Official Letter No. 3870/CT-CS dated 10 June 2026 issued by the Tax Department regarding compliance obligations relating to Country-by-Country Reporting (CbCR).
- Official Letter No. 3896/CT-CS dated 11 June 2026 issued by the Tax Department regarding Corporate Income Tax (CIT) policy.
- Official Letter No. 3470/CT-CS dated 28 May 2026 issued by the Tax Department regarding VAT policy.
- Official Letter No. 8970/HYE/QLDN1 dated 12 June 2026 issued by Hung Yen Tax Department regarding VAT declaration by dependent branches located in other provinces.
- Official Letter No. 7563/NBI-QLDN3 dated 08 June 2026 issued by Ninh Binh Tax Department regarding the determination of deductible expenses for leased factory premises during periods in which no tenants are present.
- Official Letter No. 7682/NBI-QLDN2 dated 11 June 2026 issued by Ninh Binh Tax Department regarding invoice issuance of payments on behalf.
