Uni: 23-07-2020: On Cost of loans in the related transactions

Official letter No 66296/CT-TTHT On interest expense in the related party transactions as follow:

In case the Company incurs related party transactions, the Company shall calculate the total interest expense to be deducted when determining taxable income in accordance with Article 1 of Decree No. 68/2020/ND-CP dated 24/06/2020 of the Government and Article 4 of Circular No. 96/2015/TT-BTC. In which: Total interest expense arising in the period is the total interest expense minus interest on deposits and interest on loans in the period.