Vietnam: What is xoilac tv trực tiếp bóng đá hôm nay Decree 20 2025 on amendments to Decree 132 2020?

Vietnam: What is theDecree 20 2025 on amendments to Decree 132 2020?

On February 10, 2025, xoilac tv trực tiếp bóng đá hôm nay Government of Vietnam issued Decree 20/2025/ND-CP on amendments to and supplementing several articles ofNghị định 132/2020/NĐ-CPby xoilac tv trực tiếp bóng đá hôm nay Government of Vietnam regarding tax management for enterprises engaged in related transactions.

Specifically, Decree 20 of 2025 will take effect from March 27, 2025, and will be applicable from xoilac tv trực tiếp bóng đá hôm nay corporate income tax calculation period of 2024.

View xoilac tv trực tiếp bóng đá hôm nay full text of Decree 20/2025/ND-CP on amendments toNghị định 132/2020/NĐ-CPon Related Transactions below:

Download xoilac tv trực tiếp bóng đá hôm nay PDF file of Decree 20 2025 on amendments to Decree 132 2020...HERE

Download xoilac tv trực tiếp bóng đá hôm nay Word file of Decree 20 2025 on amendments to Decree 132 2020...HERE

Vietnam: What is xoilac tv trực tiếp bóng đá hôm nay Decree 20 2025 on amendments to Decree 132 2020?(Image from xoilac tv trực tiếp bóng đá hôm nay Internet)

Vietnam: What content does Decree 20 of 2025 amend in Decree 132 2020?

Decree 20/2025/ND-CP...Downloadhas amended and supplemented several provisions inNghị định 132/2020/NĐ-CPrelated to tax management for enterprises with related transactions. Specifically:

(1) Amended and supplemented articles

- Amend and supplement point d, point k and add point m in clause 2, Article 5 ofDecree 132/2020/ND-CPregarding related parties.

- Amend and supplement clause 2, Article 21 ofDecree 132/2020/ND-CPregarding xoilac tv trực tiếp bóng đá hôm nay responsibility of xoilac tv trực tiếp bóng đá hôm nay State Bank in controlling and providing information related to related-party transactions.

- Replace Appendix 1 on related-party information and related-party transactions with a new Appendix issued with Decree 20/2025/ND-CP...Download.

(2) Transitional provisions regarding interest expenses from xoilac tv trực tiếp bóng đá hôm nay 2020 - 2023 tax calculation periods

In cases where, in xoilac tv trực tiếp bóng đá hôm nay corporate income tax calculation periods for 2020, 2021, 2022, and 2023, companies borrowing funds only have related-party relationships with economic entities operating in accordance with xoilac tv trực tiếp bóng đá hôm nay Law on Credit Institutions as stipulated in point d, clause 2, Article 5 ofDecree 132/2020/ND-CPand companies borrowing with lenders or guarantors fall into xoilac tv trực tiếp bóng đá hôm nay cases regulated at points d.1 and d.2, clause 2, Article 5 ofDecree 132/2020/ND-CPas revised and supplemented in Article 1 of Decree 20/2025/ND-CP, and have related-party transactions within xoilac tv trực tiếp bóng đá hôm nay regulatory scope in clause 2, Article 1 ofDecree 132/2020/ND-CPand have interest expenses that are not deductible as per xoilac tv trực tiếp bóng đá hôm nay regulation at point a, clause 3, Article 16 ofDecree 132/2020/ND-CPthen from xoilac tv trực tiếp bóng đá hôm nay 2024 tax calculation period it will be implemented as follows:

- In cases where a company does not have related-party relationships and does not incur related-party transactions as stipulated inDecree 132/2020/ND-CPand Decree 20/2025/ND-CP, xoilac tv trực tiếp bóng đá hôm nay interest expenses that were not deductible and not carried over to subsequent tax calculation periods up to xoilac tv trực tiếp bóng đá hôm nay end of xoilac tv trực tiếp bóng đá hôm nay 2023 tax calculation period will be equally distributed to subsequent tax calculation periods for xoilac tv trực tiếp bóng đá hôm nay remaining period as per xoilac tv trực tiếp bóng đá hôm nay provisions on xoilac tv trực tiếp bóng đá hôm nay time allowed to carry forward interest expenses at point b, clause 3, Article 16 ofDecree 132/2020/ND-CP.

- In cases where a company has related-party relationships and related-party transactions as specified inDecree 132/2020/ND-CPand Decree 20/2025/ND-CP, xoilac tv trực tiếp bóng đá hôm nay non-deductible interest expenses that were not carried over to subsequent tax calculation periods will be implemented according to xoilac tv trực tiếp bóng đá hôm nay provisions at point b, clause 3, Article 16 ofDecree 132/2020/ND-CP.

What are xoilac tv trực tiếp bóng đá hôm nay provisions for determining related parties according to Decree 20?

Accordingly, based on Article 5 ofDecree 132/2020/ND-CPas amended and supplemented by Article 1 of Decree 20/2025/ND-CP...Downloadfor determining related parties as follows:

(1) Amend and supplement point d, clause 2, Article 5 ofDecree 132/2020/ND-CPas follows:

A company guarantees or lends funds to another company in any form (including loans from third parties guaranteed by xoilac tv trực tiếp bóng đá hôm nay financial resources of xoilac tv trực tiếp bóng đá hôm nay related entity and financial transactions of a similar nature) provided that xoilac tv trực tiếp bóng đá hôm nay total outstanding debt of xoilac tv trực tiếp bóng đá hôm nay borrowing company with xoilac tv trực tiếp bóng đá hôm nay lending or guaranteeing company is at least 25% of xoilac tv trực tiếp bóng đá hôm nay borrowing company's owner's equity and exceeds 50% of xoilac tv trực tiếp bóng đá hôm nay total medium and long-term outstanding debt of xoilac tv trực tiếp bóng đá hôm nay borrowing company.

xoilac tv trực tiếp bóng đá hôm nay provisions at point d of this clause do not apply to xoilac tv trực tiếp bóng đá hôm nay following cases:

- xoilac tv trực tiếp bóng đá hôm nay guarantor or lender is economic organizations operating under xoilac tv trực tiếp bóng đá hôm nay provisions of xoilac tv trực tiếp bóng đá hôm nay Law on Credit Institutions and does not directly or indirectly participate in managing, controlling, contributing capital, or investing in xoilac tv trực tiếp bóng đá hôm nay borrowing or guaranteed company according to xoilac tv trực tiếp bóng đá hôm nay provisions at points a, c, d, e, g, h, k, 1, and m, clause 2, Article 5 ofDecree 132/2020/ND-CP.

- xoilac tv trực tiếp bóng đá hôm nay guarantor or lender is economic organizations operating under xoilac tv trực tiếp bóng đá hôm nay provisions of xoilac tv trực tiếp bóng đá hôm nay Law on Credit Institutions and xoilac tv trực tiếp bóng đá hôm nay borrowing or guaranteed company is not directly or indirectly under xoilac tv trực tiếp bóng đá hôm nay same management, control, capital contribution, or investment of another entity according to xoilac tv trực tiếp bóng đá hôm nay provisions at points b, e, and i, clause 2, Article 5 ofDecree 132/2020/ND-CP.

(2) Amend and supplement point k, clause 2, Article 5 ofDecree 132/2020/ND-CPas follows:

Other cases in which a company (including independently accounted branches that declare and pay corporate income tax) is subject to xoilac tv trực tiếp bóng đá hôm nay actual management, control, and decision-making over xoilac tv trực tiếp bóng đá hôm nay business activities of another company."

(3) Add point m in clause 2, Article 5 ofDecree 132/2020/ND-CPas follows:

Credit institutions with their subsidiaries or with controlled companies or with affiliated companies of xoilac tv trực tiếp bóng đá hôm nay credit institution in accordance with xoilac tv trực tiếp bóng đá hôm nay Law on Credit Institutions and xoilac tv trực tiếp bóng đá hôm nay amended, supplemented, or replaced documents (if any);"