{"id":2166,"date":"2025-10-02T21:18:10","date_gmt":"2025-10-03T04:18:10","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=2166"},"modified":"2026-01-07T21:50:54","modified_gmt":"2026-01-08T04:50:54","slug":"khong-che-chi-phi-lai-vay","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/","title":{"rendered":"How to overcome the barrier of controlling interest expenses and optimize capital in 2026?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Controlling interest expenses is an important provision in Decree 132\/2020\/ND-CP to limit the amount of interest expenses deductible when calculating corporate income tax. Accordingly, the total interest expense after deducting deposit interest and loan interest can only be deducted up to 30% EBITDA. This provision directly affects the tax obligations and financial strategies of enterprises, especially for units that have related transactions or large loans from banks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This mechanism aims to ensure that tax obligations accurately reflect the nature of business operations, while preventing transfer pricing risks. Understanding how to calculate and apply interest expense controls not only helps businesses comply with legal regulations, but also optimizes a transparent and sustainable tax management strategy.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Index<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/#Khong_che_chi_phi_lai_vay_la_gi\" >What is interest cost control?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/#Co_so_phap_ly_ve_khong_che_chi_phi_lai_vay\" >Legal basis for controlling interest costs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/#Quy_dinh_khong_che_chi_phi_lai_vay\" >Regulations on controlling interest costs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/#Muc_khong_che_chi_phi_lai_vay_toi_da_duoc_tru_khi_tinh_thue_TNDN_la_30_EBITDA\" >The maximum deductible interest expense limit when calculating corporate income tax is 30% EBITDA.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/#Bat_cap_trong_quy_dinh_khong_che_chi_phi_lai_vay_ngan_hang\" >Inadequacies in regulations controlling bank loan interest costs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/#Bo_sung_quy_dinh_loai_tru\" >Add exclusion clause<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/#Huong_dan_xac_dinh_chi_phi_lai_vay_duoc_tru_va_khong_duoc_tru_theo_co_che_khong_che_chi_phi_lai_vay\" >Instructions for determining deductible and non-deductible interest expenses according to the interest expense control mechanism<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/#Chi_phi_lai_vay_duoc_tru_khi_tinh_thue_TNDN_doi_voi_doanh_nghiep_phat_sinh_giao_dich_lien_ket\" >Interest expenses are deductible when calculating corporate income tax for enterprises that have related-party transactions.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/#Chi_phi_lai_vay_khong_duoc_tru_khi_xac_dinh_thu_nhap_chiu_thue\" >Interest expenses are not deductible when determining taxable income.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/#Rui_ro_kiem_tra_thue\" >Tax audit risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/#Ket_luan\" >Conclude<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay\/#Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\" >Contact information MAN \u2013 Master Accountant Network<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Khong_che_chi_phi_lai_vay_la_gi\"><\/span><b>What is interest cost control?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Controlling interest expenses is a legal provision that limits the amount of interest expenses that can be included in deductible expenses when determining taxable income for corporate income tax. According to Decree 132\/2020\/ND-CP, the total net interest expense of an enterprise (after deducting deposit interest and loan interest) can only be deducted up to 30% of the total net profit from business activities plus interest expenses plus depreciation expenses (EBITDA).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the regulation of controlling interest expenses to prevent enterprises from increasing internal borrowing for transfer pricing, reducing taxable profits and ensuring tax obligations correspond to the real value of business activities.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Co_so_phap_ly_ve_khong_che_chi_phi_lai_vay\"><\/span><b>Legal basis for controlling interest costs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To master the mechanism of controlling interest expenses, businesses need to directly refer to Decree 132\/2020\/ND-CP, a legal document that clearly stipulates the principles of determining, limiting the deduction rate as well as applicable exceptions. This is an important foundation to help businesses both comply with legal regulations and build optimal capital strategies and effectively manage tax risks.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Quy_dinh_khong_che_chi_phi_lai_vay\"><\/span><b>Regulations on controlling interest costs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">According to Clause 3, Article 16 of Decree 132\/2020\/ND-CP, the regulation on controlling interest expenses clearly states that the total interest expense is included in deductible expenses when determining taxable income for enterprises with related-party transactions as follows:<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201c<\/span><span style=\"font-weight: 400;\">Total interest expense after deducting deposit interest and loan interest arising during the period of the taxpayer is deductible when determining taxable income of corporate income tax does not exceed 30% of total net profit from business activities during the period plus interest expense after deducting deposit interest and loan interest arising during the period plus depreciation expense arising during the period of the taxpayer &quot;<\/span><\/p>\n<p><b>Source:<\/b><a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-132-2020-ND-CP-quy-dinh-quan-ly-thue-doi-voi-doanh-nghiep-co-giao-dich-lien-ket-452218.aspx\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\"> Law Library<\/span><\/a><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">This means that the interest expense deductible when determining taxable income for corporate income tax does not exceed 30% of the total EBITDA (Earnings before interest, taxes, depreciation and amortization) of the enterprise.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Muc_khong_che_chi_phi_lai_vay_toi_da_duoc_tru_khi_tinh_thue_TNDN_la_30_EBITDA\"><\/span><b>The maximum deductible interest expense limit when calculating corporate income tax is 30% EBITDA.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_2168\" aria-describedby=\"caption-attachment-2168\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2168\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nguong-30-EBITDA-khong-che-chi-phi-lai-vay.jpg\" alt=\"Ng\u01b0\u1ee1ng 30% EBITDA kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nguong-30-EBITDA-khong-che-chi-phi-lai-vay.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nguong-30-EBITDA-khong-che-chi-phi-lai-vay-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nguong-30-EBITDA-khong-che-chi-phi-lai-vay-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nguong-30-EBITDA-khong-che-chi-phi-lai-vay-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nguong-30-EBITDA-khong-che-chi-phi-lai-vay-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2168\" class=\"wp-caption-text\">Threshold 30% EBITDA controls interest expenses<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The regulation on controlling interest expenses is applied to limit the amount of interest expenses that can be deducted when calculating corporate income tax. Specifically, enterprises can only deduct interest expenses up to 30% EBITDA. The portion of expenses exceeding this ratio will be eliminated and not included in the valid expenses when determining taxable income for the period.<\/span><\/p>\n<blockquote><p><strong>See also:<\/strong> <a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cong-thuc-tinh-lai-vay-giao-dich-lien-ket\/\">Detailed guide on the formula for calculating interest on related-party transactions.<\/a><\/p><\/blockquote>\n<h3><span class=\"ez-toc-section\" id=\"Bat_cap_trong_quy_dinh_khong_che_chi_phi_lai_vay_ngan_hang\"><\/span><b>Inadequacies in regulations controlling bank loan interest costs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">One of the issues causing many difficulties for businesses today is the regulation on determining the relationship through loan capital stated in Point d, Clause 2, Article 5 of Decree 132\/2020\/ND-CP:<\/span><\/p>\n<figure id=\"attachment_2169\" aria-describedby=\"caption-attachment-2169\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2169\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Bat-cap-khong-che-chi-phi-lai-vay-khi-vay-ngan-hang.jpg\" alt=\"B\u1ea5t c\u1eadp kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay khi vay ng\u00e2n h\u00e0ng\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Bat-cap-khong-che-chi-phi-lai-vay-khi-vay-ngan-hang.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Bat-cap-khong-che-chi-phi-lai-vay-khi-vay-ngan-hang-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Bat-cap-khong-che-chi-phi-lai-vay-khi-vay-ngan-hang-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Bat-cap-khong-che-chi-phi-lai-vay-khi-vay-ngan-hang-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Bat-cap-khong-che-chi-phi-lai-vay-khi-vay-ngan-hang-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2169\" class=\"wp-caption-text\">Inadequate control of interest costs when borrowing from banks<\/figcaption><\/figure>\n<blockquote><p><span style=\"font-weight: 400;\">\u201c<\/span><span style=\"font-weight: 400;\">An enterprise guarantees or lends capital to another enterprise in any form (including loans from third parties secured by the financial resources of the related party and financial transactions of a similar nature) on the condition that the loan amount is at least equal to 25% of the capital contribution of the owner of the borrowing enterprise and accounts for more than 50% of the total value of the medium- and long-term debts of the borrowing enterprise\u201d.<\/span><\/p>\n<p><strong>Source:<\/strong><a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-132-2020-ND-CP-quy-dinh-quan-ly-thue-doi-voi-doanh-nghiep-co-giao-dich-lien-ket-452218.aspx\" rel=\"nofollow noopener\" target=\"_blank\"> Law Library<\/a><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">According to Decree 132\/2020\/ND-CP, the mechanism to control interest expenses applies to enterprises with related-party transactions, in which the total deductible interest expense must not exceed 30% EBITDA (earnings before interest, taxes and depreciation). The portion of interest expense exceeding this threshold will be eliminated and not included in deductible expenses when determining taxable income for corporate income tax.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The provisions of Point d, Clause 2, Article 5, Decree No. 132 may include entities that are essentially independent parties such as banks and independent credit institutions that have no capital ownership relationship.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This reality creates problems when many businesses only incur loans from independent organizations, but are still identified as having affiliated relationships. As a result, these transactions are considered affiliated transactions and are subject to regulations controlling interest expenses.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Regarding the regulation on controlling interest expenses, many businesses have suggested that borrowing from banks to serve production and business activities is a common and legitimate need. In essence, this is also a normal credit activity of banks. Businesses and banks are completely independent parties, without control, management or capital contribution relationships. Therefore, the interest expense incurred by businesses is essentially a reasonable expense, directly serving production and business activities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, controlling interest expenses and types of interest expenses for businesses in this case is not appropriate.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Bo_sung_quy_dinh_loai_tru\"><\/span><b>Add exclusion clause<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Therefore, the Ministry of Finance has proposed to amend and supplement Point d, Clause 2, Article 5 of Decree 132\/2020\/ND-CP on tax management for enterprises with <a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/tong-quan-giao-dich-lien-ket-2025\/\">affiliate transactions<\/a>, in the direction of excluding some cases from the scope of determining affiliated relationships. This is considered a necessary adjustment step to remove the shortcomings in applying regulations on controlling interest expenses for loans that actually arise from independent transactions.<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201c<\/span><span style=\"font-weight: 400;\">An enterprise guarantees or lends capital to another enterprise in any form (including loans from third parties secured by the financial resources of the related party and financial transactions of a similar nature) on the condition that the loan amount is at least equal to 25% of the capital contribution of the owner of the borrowing enterprise and accounts for more than 50% of the total value of the medium- and long-term debts of the borrowing enterprise.\u201d<\/span><\/p>\n<p><strong>Source:<\/strong> <a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-132-2020-ND-CP-quy-dinh-quan-ly-thue-doi-voi-doanh-nghiep-co-giao-dich-lien-ket-452218.aspx\" rel=\"nofollow noopener\" target=\"_blank\">Law Library<\/a><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">The provisions in Point d of this Clause do not apply to the following cases:<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201cThe guarantor or lender is an organization or enterprise operating under the provisions of the Law on Credit Institutions and not directly or indirectly participating in the management, control, capital contribution, or investment in the borrowing enterprise or the guaranteed enterprise as prescribed in points a, c, d, e, g, h, k, l, and m of this clause.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The guarantor or lender is an organization or enterprise operating under the provisions of the Law on Credit Institutions and the borrowing or guaranteed enterprise, not directly or indirectly, under the management, control, capital contribution or investment of another party as prescribed in points b, e and i of this clause.\u201d<\/span><\/p>\n<p><strong>Source:<\/strong> <a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-132-2020-ND-CP-quy-dinh-quan-ly-thue-doi-voi-doanh-nghiep-co-giao-dich-lien-ket-452218.aspx\" rel=\"nofollow noopener\" target=\"_blank\">Law Library<\/a><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">According to the Ministry of Finance, this proposal will help to remove difficulties and obstacles in applying control of interest costs for enterprises. In particular, for enterprises with special projects and key projects, when borrowing capital from banks and meeting the prescribed conditions, the enterprise and the bank will no longer be considered as related parties.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Huong_dan_xac_dinh_chi_phi_lai_vay_duoc_tru_va_khong_duoc_tru_theo_co_che_khong_che_chi_phi_lai_vay\"><\/span><b>Instructions for determining deductible and non-deductible interest expenses according to the interest expense control mechanism<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To understand how to apply interest expense control for enterprises with related-party transactions, Decree 132\/2020\/ND-CP has detailed regulations on the level of deductible interest expenses. According to Clause 3, Article 16 on total deductible interest expenses when determining taxable income for enterprises with related-party transactions. Specifically, these regulations are presented as follows:<\/span><\/p>\n<figure id=\"attachment_2170\" aria-describedby=\"caption-attachment-2170\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2170\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Huong-dan-xac-dinh-chi-phi-lai-vay-duoc-tru-va-khong-duoc-tru-theo-co-che-khong-che-chi-phi-lai-vay.jpg\" alt=\"H\u01b0\u1edbng d\u1eabn x\u00e1c \u0111\u1ecbnh chi ph\u00ed l\u00e3i vay \u0111\u01b0\u1ee3c tr\u1eeb v\u00e0 kh\u00f4ng \u0111\u01b0\u1ee3c tr\u1eeb theo c\u01a1 ch\u1ebf kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Huong-dan-xac-dinh-chi-phi-lai-vay-duoc-tru-va-khong-duoc-tru-theo-co-che-khong-che-chi-phi-lai-vay.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Huong-dan-xac-dinh-chi-phi-lai-vay-duoc-tru-va-khong-duoc-tru-theo-co-che-khong-che-chi-phi-lai-vay-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Huong-dan-xac-dinh-chi-phi-lai-vay-duoc-tru-va-khong-duoc-tru-theo-co-che-khong-che-chi-phi-lai-vay-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Huong-dan-xac-dinh-chi-phi-lai-vay-duoc-tru-va-khong-duoc-tru-theo-co-che-khong-che-chi-phi-lai-vay-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Huong-dan-xac-dinh-chi-phi-lai-vay-duoc-tru-va-khong-duoc-tru-theo-co-che-khong-che-chi-phi-lai-vay-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2170\" class=\"wp-caption-text\">Instructions for determining deductible and non-deductible interest expenses according to the interest expense control mechanism<\/figcaption><\/figure>\n<h4><span class=\"ez-toc-section\" id=\"Chi_phi_lai_vay_duoc_tru_khi_tinh_thue_TNDN_doi_voi_doanh_nghiep_phat_sinh_giao_dich_lien_ket\"><\/span><b>Interest expenses are deductible when calculating corporate income tax for enterprises that have related-party transactions.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">According to Clause 3, Article 16 on total interest expenses deductible when determining taxable income for enterprises with related-party transactions. Specifically, these regulations are presented as follows:<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201cThe total interest expense after deducting deposit interest and loan interest arising during the period of the taxpayer is deductible when determining taxable income of the enterprise income tax does not exceed 30% of the total net profit from business activities during the period plus interest expense after deducting deposit interest and loan interest arising during the period plus depreciation expense arising during the period of the taxpayer;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The portion of non-deductible interest expenses as prescribed in Point a of this Clause shall be transferred to the next tax period when determining the total deductible interest expenses in case the total deductible interest expenses arising in the next tax period are lower than the level prescribed in Point a of this Clause. The period for transferring continuously calculated interest expenses shall not exceed 05 years from the year following the year in which non-deductible interest expenses arise;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The provisions at Point a of this Clause do not apply to loans of taxpayers that are credit institutions according to <\/span><a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Tien-te-Ngan-hang\/Luat-cac-to-chuc-tin-dung-2010-108079.aspx\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Law on Credit Institutions<\/span><\/a><span style=\"font-weight: 400;\">; insurance business organization according to <\/span><a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Luat-Kinh-doanh-bao-hiem-2000-24-2000-QH10-47229.aspx\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Law on Insurance Business<\/span><\/a><span style=\"font-weight: 400;\">; official development assistance (ODA) loans and preferential loans from the Government implemented in the form of the Government borrowing from abroad to lend to enterprises; loans to implement national target programs (new rural areas and sustainable poverty reduction programs); loans to invest in programs and projects implementing the State&#039;s social welfare policies (resettlement housing, housing for workers, students, social housing and other public welfare projects);<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Taxpayers declare the interest expense ratio in the tax period according to Appendix I issued with this Decree.\u201d<\/span><\/p>\n<p><b>Source:<\/b> <a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-132-2020-ND-CP-quy-dinh-quan-ly-thue-doi-voi-doanh-nghiep-co-giao-dich-lien-ket-452218.aspx\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Clause 3, Article 16, Decree 132\/2020\/ND-CP<\/span><\/a><\/p><\/blockquote>\n<h4><span class=\"ez-toc-section\" id=\"Chi_phi_lai_vay_khong_duoc_tru_khi_xac_dinh_thu_nhap_chiu_thue\"><\/span><b>Interest expenses are not deductible when determining taxable income.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Expenses that are not deductible when determining taxable income include:\u00a0<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201c<\/span><span style=\"font-weight: 400;\">The portion of interest payment expenses for loans for production and business activities of entities that are not credit institutions or economic organizations exceeding 150% of the basic interest rate announced by the State Bank of Vietnam at the time of borrowing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">2.18. Payment of loan interest corresponding to the registered charter capital (for private enterprises, it is investment capital) that is still lacking according to the capital contribution schedule stated in the enterprise&#039;s charter, even in cases where the enterprise has started production and business. Payment of loan interest during the investment process has been recorded in the value of assets and the value of investment projects.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In case an enterprise has contributed enough charter capital, during the business process there is an expense to pay interest on loans to invest in other enterprises, this expense is included in deductible expenses when determining taxable income.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Interest payments on loans corresponding to the remaining charter capital according to the capital contribution schedule stated in the enterprise&#039;s charter are not deductible when determining taxable income, which is determined as follows:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In case the loan amount is less than or equal to the remaining charter capital, the entire loan interest is a non-deductible expense.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In case the loan amount is larger than the remaining charter capital according to the capital contribution schedule.\u201d<\/span><\/li>\n<\/ul>\n<p><b>Source:<\/b> <a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-132-2020-ND-CP-quy-dinh-quan-ly-thue-doi-voi-doanh-nghiep-co-giao-dich-lien-ket-452218.aspx\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Law Library<\/span><\/a><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">Understanding how to determine deductible and non-deductible interest expenses helps businesses comply with regulations and optimize tax obligations. However, in reality, the process of applying regulations on controlling interest expenses is not always favorable. If businesses do not control records and data well or do not fully understand the exceptions, the risk of tax risks arising, cost exclusions and affecting profits is inevitable.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Rui_ro_kiem_tra_thue\"><\/span><b>Tax audit risk<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Controlling interest expenses is associated with related-party transactions and is a factor that businesses must pay special attention to. If the legality of the loan cannot be proven or the expenses exceed the interest expense control ratio, the business risks having its expenses excluded when the tax authority inspects. This not only increases tax obligations but also poses the risk of being penalized for declaring and proving expenses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, controlling interest expenses also directly affects taxable profits, capital structure, financial planning and tax risks of the enterprise. Therefore, understanding the regulations in Decree 132\/2020\/ND-CP and building a reasonable borrowing strategy is the key to helping enterprises optimize financial costs while ensuring compliance with the law.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><b>Conclude<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Compliance with interest expense control not only helps tax authorities control related-party transactions but also forces businesses to be transparent in their borrowing activities. However, if they are not prepared, businesses are at risk of having their expenses excluded, tax arrears collected and administrative fines imposed. To minimize this risk, businesses need to build a complete profile and have a reasonable borrowing plan.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To ensure safety and effectiveness, please accompany <a href=\"https:\/\/man.net.vn\" rel=\"nofollow noopener\" target=\"_blank\">MAN \u2013 Master Accountant Network<\/a>, with a team of experienced staff will support businesses in building sustainable and legal financial and tax solutions.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\"><\/span><b>Contact information MAN \u2013 Master Accountant Network<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li aria-level=\"1\">Address: No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City<\/li>\n<li aria-level=\"1\">Mobile\/Zalo: 0903 963 163 \u2013 0903 428 622<\/li>\n<li aria-level=\"1\">Email: man@man.net.vn<\/li>\n<\/ul>\n<p>Content production by: Mr.\u00a0<a href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" rel=\"nofollow noopener\" target=\"_blank\">Le Hoang Tuyen<\/a>\u00a0\u2013 Founder &amp; CEO MAN \u2013 Master Accountant Network, Vietnamese CPA Auditor with over 30 years of experience in Accounting, Auditing and Financial Consulting.<\/p>\n<p style=\"text-align: right;\"><b><i>Editorial Board of MAN \u2013 Master Accountant Network<\/i><\/b><\/p>","protected":false},"excerpt":{"rendered":"<p>Kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay l\u00e0 quy \u0111\u1ecbnh quan tr\u1ecdng trong Ngh\u1ecb \u0111\u1ecbnh 132\/2020\/N\u0110-CP nh\u1eb1m gi\u1edbi h\u1ea1n m\u1ee9c chi ph\u00ed l\u00e3i vay \u0111\u01b0\u1ee3c tr\u1eeb khi t\u00ednh thu\u1ebf thu nh\u1eadp doanh nghi\u1ec7p. Theo \u0111\u00f3, t\u1ed5ng chi ph\u00ed l\u00e3i vay sau khi tr\u1eeb l\u00e3i ti\u1ec1n g\u1eedi v\u00e0 l\u00e3i cho vay ch\u1ec9 \u0111\u01b0\u1ee3c kh\u1ea5u tr\u1eeb t\u1ed1i \u0111a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2167,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/comments?post=2166"}],"version-history":[{"count":5,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2166\/revisions"}],"predecessor-version":[{"id":2757,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2166\/revisions\/2757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media\/2167"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=2166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=2166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=2166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}