According to the information published in the website of the General Department of Taxation, on November 29, Deputy Prime Minister Mr. Vuong Dinh Hue chaired a meeting on amending the regulation on applying loan interest expenses into an enterprise’s operating costs for the purposes of calculating the tax liability, which is currently Decree No. 20/2017/ND-CP (“Decree 20”).
Please download our NewsBrief below which includes some of the key proposed amendments.
Richard J. Irwin
Partner, Tax and Legal Services, PwC Vietnam
Tel: +84 28 3823 0796