Guidance on issuing invoices for goods/services used as donations or gifts abroad
On September 3, 2020, Hanoi Tax Department issued Official Letter No. 80747/CT-TTHT guiding on issuing invoices as follows:
Company in Vietnam dismantles the server system in use to transfer abroad for another company in the same group and fulfills non-commercial export declaration when doing customs procedures; for goods/services used as donations or gifts, the company in Vietnam must issue invoices as goods/service sold to customers, taxable prices when calculating VAT are the taxable prices of equivalent goods and services at the same time as prescribed in Point a Clause 7 Article 9 of Circular No. 26/2015/TT-BTC.
In case, goods/services are used as donations or gifts abroad with non-commercial export declaration used and without payment, if the conditions as prescribed in Point a Clause 2 Article 9 of Circular No. 219/2013/TT-BTC dated 31/12/2013 are not met, the VAT rate of 0% shall not be applied.