{"id":6904,"date":"2019-03-16T09:15:03","date_gmt":"2019-03-16T09:15:03","guid":{"rendered":"https:\/\/bizlawyer.vn\/criteria-for-determining-deductible-expenses-in-enterprises"},"modified":"2019-03-16T09:15:03","modified_gmt":"2019-03-16T09:15:03","slug":"criteria-for-determining-deductible-expenses-in-enterprises","status":"publish","type":"post","link":"https:\/\/bizlawyer.vn\/zh-hans\/criteria-for-determining-deductible-expenses-in-enterprises","title":{"rendered":"Criteria for determining deductible expenses in enterprises"},"content":{"rendered":"<p>On February 27, 2019, Hanoi City Tax Department issued Official Letter No. 7623\/CT-TTHT on the corporate income tax policy which set out criteria for enterprises to determine deductible expenses.<br \/>\nAccordingly, Official Letter No. 7623\/CT-TTHT provides guidelines for determining deductible expenses, after reporting to the General Department of Taxation, specifically:<br \/>\nArticle 6, Circular No. 119\/2016\/TT-BTC, Amending and supplementing Circular No. 78\/2014\/TT-BTC dated June 18, 2014 of the Ministry of Finance guiding the implementation of Decree No. 218\/2013\/ND-CP dated December 26, 2013 of the Government stipulates and guides the implementation of the Law on Enterprise Income Tax as follows:<br \/>\nEnterprises may deduct all expenses if they meet the following conditions:<br \/>\n<strong>a)Actual expenses arising related to production and business activities of enterprises;\u00a0<\/strong><br \/>\n<strong>b)Expenses with sufficient legal invoices and vouchers as prescribed by law.\u00a0<\/strong><br \/>\n<strong>c)Expenses for invoices of goods and services each time valued at VND 20 million or more (price inclusive of VAT) when payment must have non-cash payment documents.\u00a0<\/strong><br \/>\nThe promulgation of Official Letter No. 7623\/CT-TTHT of Hanoi Tax Department shows that this is a regular activity of the agency, in order to support enterprises in solving problems and applying the law consistently tax.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On February 27, 2019, Hanoi City Tax Department issued  [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":6900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-6904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-16"],"_links":{"self":[{"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/posts\/6904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/comments?post=6904"}],"version-history":[{"count":0,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/posts\/6904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/media\/6900"}],"wp:attachment":[{"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/media?parent=6904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/categories?post=6904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/tags?post=6904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}