On November 23rd, 2020, Hanoi Tax Department issued Official Letter No. 101317/CT-TTHT, whereby: If the foreign company incurs incomes from data access, it will be entitled to FCT payer. This income is from the copyright so the CIT rate on the taxable revenue shall be 10%; If this service is neither technology transfer as prescribed in Law on technology transfer nor a software product, it will be subjected to VAT contribution at the rate of 5% on the taxable revenue.
