Taxflash August 2016 issue

We are pleased to attach our Taxflash August 2016 Issue.

In this issue, we will provide an update regarding: 

  1. Decree 100/2016/NĐ-CP dated 1 July 2016, draft Circular and Official Letter 10315/BTC-TCT dated 25 July 2016 regarding the implementation of some contents stated in the Law 106/2016/QH14 amending the VAT laws.
  2. Circular 99/2016/TT-BTC dated 29 June 2016 on VAT refund administration (taking effect on 13 August 2016)
  3. Decree 49/2016/NĐ-CP dated 27 May 2016 and draft Circular replacing Circular 10/2014/TT-BTC regarding administrative penalty for violations on invoices.
  4. Official Letter No. 2351/TCT-CS dated 30 May 2016 regarding CIT incentives on interest income generated from savings accounts and loan agreement.

UHY - Taxflash August 2016 issue

If you have any queries or require any clarification on tax issues or our Taxflash, please feel free to contact us.