OFFICIAL LETTER NO. 4207/TCT-CS DATED 29 SEPTEMBER 2014 OF GDT IN GUIDANCE OF TAX POLICY FOR TRANSACTION CONTRACT OF FUTURE GOODS
According to official letter No. 4207/TCT-CS:
For transaction contract of future goods:
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VAT: transaction contract of future goods is not imposed VAT.
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CIT :
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If transaction contract of future goods is appropriate to business lines in business registration certificate, it is considered the principal activities of an enterprise.
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If transaction contract of future goods is not appropriate to business lines in business registration certificate, it is recognized as other income
