After the enterprise has a decision on dissolution and generates profit from real estate transfer, it shall be compensated with the loss from production and business activities

On September 30, 2022 Binh Duong Tax department issued Official Letter No.15515/CTBDU-TTHT, thereby:

In case the Company carries out procedures for dissolution, after the decision on dissolution is made, if there is an activity of transfering real estate that is a fixed asset of the enterprise, the income (profit) from the transfer of real estate (if any) shall be offset with losses from production and business activities (including losses of previous years transferred according to regulations) into the tax period arising real estate transfer activities.