The provision in Decree 15/2022/ND-CP (which is part of the supporting program of socio-economic recovery and development) to reduce VAT from 10% to 8% expired on 31 December 2022, so businesses must ensure that their applicable VAT rate from 1 January 2023 is adjusted to return to 10% accordingly.

Official Letter No. 20935/CTBDU-TTHT dated 29 December 2022: VAT for goods and services provided in 2022 whilst invoiced in 2023:

When goods and services are subject to the 8% rate of taxation under Decree No. 15/2022/ND-CP, the rate will be applied until the end of the fiscal year on December 31, 2022. The 8% rate of taxation cut will be phased out beginning January 1, 2023. Instead, the standard 10% VAT rate will be applied, including to contracts, goods, and services sold in 2022 and invoiced in 2023.

Official Letter No. 16/CTHDU-TTHT dated 03 January 2023: CIT expense for land rental allocation expenses

Where the corporation leases land from the state but does not use it for production or business purposes, it will be regarded a non-deductible expense for CIT purposes

Official Letter No. 62788/CTHN-TTHT dated 19 December 2022: PIT declaration and payment for dependent branches in other provinces

In case the company directly pays salaries to employees working at branches outside the province, the company is responsible for withholding PIT, preparing Form 05/KK-TNCN enclosed with the tax allocation for branches’ provinces and submitting to the head office’s tax authorities. At the same time, the company makes the PIT payment to each province according to the tax allocation