Taxflash August 2016 issue
We are pleased to attach our Taxflash August 2016 Issue.
In this issue, we will provide an update regarding:
- 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.
- Circular 99/2016/TT-BTC dated 29 June 2016 on VAT refund administration (taking effect on 13 August 2016)
- 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.
- Official Letter No. 2351/TCT-CS dated 30 May 2016 regarding CIT incentives on interest income generated from savings accounts and loan agreement.
If you have any queries or require any clarification on tax issues or our Taxflash, please feel free to contact us.