On July 16th ,2020, Hanoi Tax Department issued Official Letter No. 66300/CT-TTHT. Whereby:
The Company has rented the warehouse, office to serve the production, business activities, if the rental contract regulates that the renter shall be responsible for repairing the asset during the rental period, the expenses arose from repairing the fixed asset will be allowed to account into the deductible expenses or amortized the expenses but for less than 03 years if such expenses meet the condition as stipulated in Article 4 Circular No. 96/2015/TT-BTC dated June 22nd ,2015 issued by the Ministry of Finance.
As for warehouse and office rental costs, the Company shall base on the rental term and price in the contract to determine the deductible expenses as prescribed in Article 4 Circular No. 96/2015/TT-BTC dated June 22nd ,2015 issued by the Ministry of Finance.
