On 26 October 2016, General Department of Taxation issued Official letter No. 4975/TCT-CS. Accordingly, a company has funds for loans with 0% interest, then this loan is considered the implementation of trading not in compliance with normal transaction price in the market. As a result, the lending company is subject to deemed tax under the provisions of point e of Paragraph 1 in Article 37 of Law on Tax Administration and other relevant regulations.
