WINWIN NEWSLETTER 06/2025

30/06/2025, 15:07

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1. Notable Amendments in the New Enterprise Income Tax Law

2. The policy of reducing the value-added tax (VAT) rate by 2% shall be extended until the end of 2026.

3. Draft New Protocol on Rules of Origin of Goods

4. Official Letter No. 5141/CCTKV.XVI-QLDN2, issued on May 5, 2025, by the Sub-Department of Taxation of Region XVI, provides guidance on whether additional severance payments are subject to personal income tax.

5. On May 9, 2025, the General Department of Taxation issued Official Letter No. 1105/CT-CS providing guidance on personal income tax policy applicable to payments of intermediary fees to individuals.

6. On April 24, 2025, the General Department of Customs issued Official Letter No. 3118/CHQ-GSQL, providing guidance on the 'Third-Party Invoice' item in the C/O Form D.

7. On May 9, 2025, the General Department of Customs issued Official Letter No. 4414/CHQ-GSQL, providing guidance on the procedures for the settlement of processing contracts.

8. On May 7, 2025, the Tax Department of Region XIX issued Official Letter No. 254/CCTKV.XIX-QLDN2, providing guidance on the determination of related party transactions.