On May 29th, 2020, Tay Ninh Department of Taxation issued Official Letter No. 2952/CT-TTHT regarding guidance on VAT invoicing in case of dissolution of Branch. Accordingly,
When a dependent Branch revaluates assets in order to internally transfer in case of dissolution, the Branch is required to issue VAT invoice for transferred assets based on the revaluated value of assets, then make VAT declaration and payment as prescribed by law.