On October 31, 2023, Hai Duong Provincial Tax Department issued Official Dispatch No. 15117/CTHDU-TTHT, whereby:
In case the Company receives owner’s equity or capital in foreign currency and then sells foreign currency to get VND, the exchange rate difference is recorded by the Company in financial income according to the provisions of Point c, Clause 1, Article 80 of Circular No. 200. /2014/TT-BTC.
If the Company has a new investment project in the Industrial Park area and is entitled to tax incentives as prescribed in Clause 6, Article 1 of Decree No. 91/2014/ND-CP. If the company incurs exchange rate interest difference from selling foreign currencies, this income is not included in the income to determine the tax exemption or tax reduction period according to the provisions of Clause 2, Article 12 of Circular No. 96/2015/TT- BTC.
