Q5

3300000000
3290000000
164500000

164.5 M

Q6
Taxable income: 20%*10000*200000/2=200000000
200000000
PIT= 200000000*5%=10m
10000000

Q7

Dependent = 3.6 x 6 + 4.4 x 6 + 3.6 x6 +4.4 x3 =82.8M

92400000

Q8
Resident
2916.6666666667
35000
5500 Housing allowance in cash = include in taxable income

343402083.33333
343000000

Q9
Lấy thu nhập trên 10tr mếu thừa kế
5400000000
10000000
5390000000
539000000

Q10
Non resident
300000
50000000
2472328767.1233
2522328767.1233
504465753.42466
Exempt Zero rated
Không trả thuế VAT
Có khả năng hoàn thuế

Non tariff zone

Nước ngoài đầu tư khoảng 20-30 năm rồi rút vốn về nước, để lại máy móc nhà xưởng

0% hàng xuất khẩu

5% hàng hoá thiết yếu
10% common tax
1. In 2020, HAN Co, a Vietnamese company, sold goods to MGN Co, another V
company, for a total contract value of VND 4,840 million, inclusive of 10% val
tax (VAT). According to the contract, MGN Co is required to make payment w
months of the invoice date or pay interest of 2% of the contract value per mo
each month of delay. MGN Co paid the invoice three months after HAN Co iss
31 May 2020 together with interest on late payment.

What is the amount of total output value added tax (VAT) (in VND millions,
one decimal) DFC Co is required to declare in 2020 as a result of the above
transactions?

2. In 2020, PCA Co, a Vietnamese company, received compensation in cash of

million from an insurance company for damage to goods caused by a fire. Acc
the insurance policy, the compensation does NOT cover any value added tax
the purchase of the goods. The insured goods were purchased by PCA Co for
million (inclusive of VAT 10%).
What is the amount of output value added tax (VAT) and creditable input V
millions) ISC Co is required to declare in 2020 as a result of the above transa

3. In 2020, Rich Co, a Vietnamese company, allocated goods to promotional p

The goods had associated input value added tax (VAT) of VND3,000 million an
them were purchased whilst 35% were produced using materials procured by
during 2020. All promotion programmes were duly registered with the autho
According to Rich Co’s 2020 accounting records, 75% of Rich Co’s revenue wa
for VAT purposes, whilst the other 25% was VAT exempt. The company canno
separately account for the input VAT relating to the goods used for promotio

What is the final amount of creditable input VAT that Rich Co should declar
4. In 2020, CDC Co, a company incorporated in Vietnam, purchased a four-sea
the General Director. The quoted price of the car was VND 2,178 million (incl
value added tax (VAT)) CDC Co obtained a 20% discount off the quoted price
dealer. The sales invoice from the dealer shows both the quoted price and th

What is the amount of creditable input VAT (rounded to the nearest VND m
which CDC Co should claim for the car in the fiscal year 2020?

5. On 1 January 2020, company Ceramic Co purchased a 16-seat car for VND2

(including value added tax (VAT)) with proper invoices. The car will be deprec
five years.
What is the amount of the adjustment for non-deductible expenses which C
should make for the car in its tax return for the year 2020?

6. Dong Phong Co, a Vietnamese company applying the value added tax (VAT
method, provided services to a foreign customer for VND300 million and cha
5% on the invoice. In a tax review by a consultant, it was identified that the V
used on the invoice should have been 10%, however, Dong Phong Co can no
back the undercharged VAT from the foreign customer.

What is the amount of additional output VAT which Dong Phong Co will nee
the tax authorities?
7. Nicky Co, a foreign contractor, entered into a contract with Petrol, a Vietna
company, to supply services in relation to oil exploration. Nicky Co wants to a
deduction method for the declaration of value added tax (VAT) in Vietnam. In
2020 when the tax code application was still in progress, Nicky Co incurred in
USD35,000 for its operations in Vietnam. Also during that time, Petrol made a
payment to Nicky Co of USD400,000 (net of VAT at 10%) for the services. In D
2020 when the tax code was available, Nicky Co incurred a further USD58,000
for its operations in Vietnam.

What is the amount of Nicky Co’s deductible input value added tax (VAT) in

8. SHM Co, a Vietnamese company, has three separate sales outlets. In Decem
each of the outlets issued an invoice for the sale of one ton of construction m
three separate customers as follows. The sale of construction materials is sub
value added tax (VAT) at the rate of 10%. – Invoice 1: selling price VND30
VAT VND3 million – Invoice 2: selling price VND27 million, no VAT as the
is inclusive. – Invoice 3: selling price VND15 million, no VAT because the c
materials were given to the customer for free as part of a promotion which h
registered with the authorities
What is the output value added tax (VAT) which SWR Co should have declare
December 2020, if no amendments were made to the invoices?
 4,400,000,000

VND 440000000

1,700,000,000
VND0 million output VAT and VND170 million creditable input
VAT

2,250,000,000

VND2,250 million creditable input VAT

 1,742,400,000

creditable input VAT CDC Co is 158 million VND, Discounted

Price = 2178 * 0.8 = 1742.4 mil VND VAT from discounted price
= Disc Price x [VAT rate / ( 1+ VAT rate)] = 1742.4 * 10/110 =
158.4 mil VND

tài sản đc vốn hoá nên khấu hao = 0

VND 0

315,000,000
USD 58,000

Invoice 1: Selling price: VND 30 million VAT: VND 3 million

Invoice 2: Selling price: VND 27 million No separate VAT
mentioned, so the VAT is included in the selling price.
Invoice 3: Selling price: VND 15 million No separate VAT
mentioned as the construction materials were given for free.
Output VAT=VAT from Invoice 1+VAT from Invoice 2
 440,000,000

Không tính vat trên lãi trả

chậm

output vat = 0 VAT = purchase

price/(1+VAT rate)
170,000,000 170,000,000
1,584,000,000 158,400,000

158,400,000.0
28,636,363.64 15,000,000

13,636,363.64
Output VAT=3+
(Selling price from Invoice
2×VAT rate/100)= VND
5,7 million
1.Taxable income is calculated by subtracting the tax loss brought forward from the taxation profit. In this case, the
The CIT rate for small-profit enterprises in Vietnam is 20%. Therefore, the CIT payable for Bur Ltd is 182,000 x 0.2 =
Bur Ltd's corporation income tax (CIT) payable for 2020 is 36,400 billion VND.

2. Not included Vat

780 / ( 1+ 10%) = VND709.0909 million
Deductible rental expense in 2020 = VND709.0909 million x 3 =VND2127.273 million

4 khấu hao theo tháng

.= 10800/36 300
14 months 4,200 6,600 300

5
(15,000 - 13,000) * 10% + (19,000 – 7,000) * 20% = 2,600
bù trừ vào phần 10% dc ưu đãi trước

6 1,950 lớn hơn 1600

22 156
7 tháng

7. Taxable revenue VND0 million

Deductible expenses VND 2342 million
2,342

8
60,000,000,000
chỉ tính dựa trên giá trị bán dc
.=60 bil - chi phí chi phí = 0
taxable income = 60 bil - 0
12,000,000 cit 20%

9
Rental revenue= 800M for 4 years , 1 year = 200M
Deductible expense= 200M

quỹ khoa học công nghjee <= 10% assesable income

he taxation profit. In this case, the taxable income is 220,000 - 38,000 = 182,000 billion VND.
able for Bur Ltd is 182,000 x 0.2 = 36,400 billion VND.