Amended decree 68/2020/NĐ/CP on transfer pricing – favourable and retrospective changes to the cap on interest deductibility
25 June, 2020
On 24 June 2020, the Government released an amendment to Decree 20 relaxing the interest deductibility cap rules. These new rules took effect from the signing date. However, the more generous cap can be applied retrospectively, which will result in significant tax savings for many companies with debt financing.
