On May 25th, 2021, Hanoi Tax Department issued Official Letter No. 18312/CTHN-TTHT, whereby:
The Company must issue invoices for gifted and donated goods, services for the customers, and the invoices must specify all the criteria and make VAT calculation the same as the invoices for the sale of goods and services to the customer as prescribed in Clause 7, Clause 9 Article 3 Circular No. 26/2015/TT-BTC issued by the Ministry of Finance on February 27th, 2015. Taxable price for gifted and donated goods, services must comply with instructions in Clause 3 Article 7 Circular No. 219/2013/TT-BTC issued by the Ministry of Finance on December 31st, 2013. Specifically, the taxable price for products, goods, and services used for exchange, donation, offering, giving, or paying as salary instead of money is the VAT calculation price of the same or equivalent type of goods or services at the time of these activities’ occurrence.
