NEWSLETTER 01/2025

1. Basic content to note about the Tax Administration Law from January 1, 2025

2. On November 19, 2024, the General Department of Taxation issued Official Document No. 5309/TCT-KK, providing guidance on determining the deadline for VAT refunds

3. On December 5, 2024, the Binh Duong Provincial Tax Department issued Official Document No. 31044/CTBDU-TTHT, providing guidance on the tax policy for purchasing and paying for goods through a third party

4. On November 4, 2024, the General Department of Taxation issued Official Document No. 4975/TCT-KK, addressing issues related to the restoration of registered capital for enterprises

5. On November 25, 2024, the General Department of Taxation issued Official Document No. 5443/TCT-CS, providing guidance on corporate income tax incentives for supporting industrial products

6. On November 28, 2024, the Binh Duong Provincial Tax Department issued Official Document No. 30298/CTBDU-TTHT, providing guidance on handling bad debt receivables

7. On October 8, 2024, the General Department of Customs issued Official Document No. 5517/TCHQ-TXNK, providing guidance on tax refund applications for goods initially imported under general trade that are later converted to processing trade