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interest expense

General Department of Taxation reviews draft regulations on loan interest expense cap

General Department of Taxation reviews draft regulations on loan interest expense cap

The GDT said that it has coordinated with six local tax departments to organise a conference to review a draft decree that amends and supplements Decree 132/2020/NĐ-CP on tax management for enterprises with associated transactions.
VCCI proposes removing draft regulation on loan interest expense cap

VCCI proposes removing draft regulation on loan interest expense cap

Management authorities should not try to restrict the thin capitalisation of domestic enterprises by applying a loan interest expense cap regulation, the Vietnam Chamber of Commerce and Industry (VCCI) said.
Loan interest expenses incease, causing hardship for firms

Loan interest expenses incease, causing hardship for firms

Interest expense in the first 6 months of this year increased by 47 per cent year on year, despite efforts from regulators to lower interest rates.
Interest expense deduction limit raised to 30 per cent

Interest expense deduction limit raised to 30 per cent

The interest expense deduction limit was raised to 30 per cent from 20 per cent to support businesses, according to the Government’s Decree No 68/2020/NĐ-CP, which took effect on Wednesday.