On September 14th, 2021, the Hanoi Tax Department issued Official Letter No. 34762/CTHN-TTHT, thereby:
In case the company purchases a VinID card as a gift card when the Company gifting a VinID card to a customer, the Company does not have to issue a VAT invoice for it, the Company will base on the seller’s payment receipts and records relating to the use of VinID cards for business activities of the company to calculate deductible expenses when determining CIT taxable income.
