On March 25th, 2019, General Department of Tax issued the Official Letter No.999/TCT-CS. Accordingly, in case Enterprise is allowed by the Ministry of Finance to use the US dollar as a currency in accounting and converted into Vietnamese dong when submitting tax declaration dossiers to the tax authority, if Enterprise conducts to carry forward loss, then the amount of loss to be transferred is the loss amount calculated in Vietnam dong which is already declared in the enterprise income tax finalization dossier of the previous year submitted to the tax agency.
