{"id":2222,"date":"2026-09-08T09:52:40","date_gmt":"2026-09-08T02:52:40","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=2222"},"modified":"2026-09-08T09:53:16","modified_gmt":"2026-09-08T02:53:16","slug":"nghi-dinh-132-giao-dich-lien-ket","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/","title":{"rendered":"Decree 255\/2026\/ND-CP inherits and replaces Decree 132 on related-party transactions."},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">On November 5, 2020, Decree 132 on related-party transactions was officially issued and came into effect on December 20, 2020, marking a significant turning point in tax management for businesses with related-party transactions in Vietnam. The Decree is notable for its expanded scope of related parties, updated methods for determining transfer pricing based on the arm&#039;s length principle, and adjustments to the threshold. <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/khong-che-chi-phi-lai-vay-theo-nghi-dinh-132\/\">Controlling interest expense according to Decree 132<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> and add more cases <\/span><span style=\"color: #000000;\">Exemption from filing related-party transaction records.<\/span><span style=\"font-weight: 400;\">. Complying with Decree 132 on related-party transactions helps businesses optimize tax benefits, reduce legal risks, and enhance transparency in financial management.<\/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\/nghi-dinh-132-giao-dich-lien-ket\/#Nhung_diem_noi_bat_Nghi_dinh_132_giao_dich_lien_ket\" >Key highlights of Decree 132 on related-party transactions.<\/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\/nghi-dinh-132-giao-dich-lien-ket\/#Quy_dinh_cac_ben_co_moi_quan_he_lien_ket_theo_Nghi_dinh_132_giao_dich_lien_ket\" >Regulations regarding related parties under Decree 132 on related-party transactions.<\/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\/nghi-dinh-132-giao-dich-lien-ket\/#Nghi_dinh_132_giao_dich_lien_ket_bo_sung_them_truong_hop_voi_cac_ben_lien_ket\" >Decree 132 on related-party transactions adds further provisions regarding related parties.<\/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\/nghi-dinh-132-giao-dich-lien-ket\/#Nghi_dinh_132_giao_dich_lien_ket_quy_dinh_ve_chi_phi_lai_vay\" >Decree 132 on related-party transactions stipulates regulations regarding interest expense.<\/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\/nghi-dinh-132-giao-dich-lien-ket\/#Nghi_dinh_132_giao_dich_lien_ket_bo_sung_doi_tuong_khong_ap_dung_nguong_khong_che_chi_phi_lai_vay\" >Decree 132 adds a category of related-party transactions that are exempt from the interest expense limitation.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Vi_sao_xu_ly_tien_gui_lai_vay_vuot_nguong_30_EBITDA_la_bai_toan_nong_cua_ky_quyet_toan_2026\" >Why is handling interest income exceeding the 30% EBITDA threshold a hot topic for the 2026 tax year?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Nghi_dinh_2552026ND-CP_thay_the_khung_phap_ly_cu_tu_0172026\" >Decree 255\/2026\/ND-CP replaces the old legal framework from July 1, 2026.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#He_qua_tai_chinh_khi_doanh_nghiep_bo_qua_nguong_30_EBITDA\" >The financial consequences of a company ignoring the 30% EBITDA threshold.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Vuot_nguong_30_EBITDA_thi_bi_xu_ly_the_nao_Truy_thu_bao_nhieu\" >What are the consequences for exceeding the 30% EBITDA threshold? How much will be recovered?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Tien_cham_nop_tinh_theo_ngay\" >Late payment penalties are calculated daily.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Phat_vi_pham_hanh_chinh_ve_khai_sai_thue\" >Administrative penalties for incorrect tax declarations.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Can_cu_phap_ly_cua_viec_xu_ly_tien_gui_lai_vay_vuot_nguong_30_EBITDA\" >Legal basis for handling interest payments exceeding the 30% EBITDA threshold.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Ba_cau_phan_truoc_khi_xu_ly_tien_gui_lai_vay_vuot_nguong_30_EBITDA\" >The three components before processing interest expense exceeding the 30% EBITDA threshold:<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Lai_tien_gui_va_lai_cho_vay_duoc_bu_tru_nhu_the_nao\" >How are interest on deposits and interest on loans offset each other?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Quy_dinh_ve_lap_va_nop_Bao_cao_loi_nhuan_lien_quoc_gia_CbCR\" >Regulations regarding the preparation and submission of the Country-by-Country Report of Profits (CbCR)<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Cong_ty_me_toi_cao_dat_tai_Viet_Nam\" >The ultimate parent company is located in Vietnam.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Cong_ty_me_toi_cao_tai_nuoc_ngoai\" >Overseas ultimate parent company<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Cap_nhat_Nghi_dinh_2552026ND-CP_ve_Bao_cao_loi_nhuan_lien_quoc_gia\" >Updated Decree 255\/2026\/ND-CP on Country-by-Country Profit Reporting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#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-20\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\" >Contact information MAN \u2013 Master Accountant Network<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Cau_hoi_thuong_gap_FAQs\" >Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Doanh_nghiep_khong_co_giao_dich_lien_ket_co_phai_xu_ly_tien_gui_lai_vay_vuot_nguong_30_EBITDA_khong\" >Do businesses with no related-party transactions have to treat interest income exceeding the 30% EBITDA threshold?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Phan_chi_phi_lai_vay_vuot_nguong_co_mat_vinh_vien_khong\" >Are any interest expenses that exceed the limit permanently lost?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Lai_chenh_lech_ty_gia_co_duoc_tru_khi_tinh_chi_phi_lai_vay_thuan_khong\" >Can exchange rate gains be deducted when calculating net interest expense?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Vay_ngan_hang_thuong_mai_co_lam_phat_sinh_nghia_vu_xu_ly_tien_gui_lai_vay_vuot_nguong_30_EBITDA_khong\" >Does borrowing from commercial banks give rise to an obligation to process interest payments exceeding the 30% EBITDA threshold?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-giao-dich-lien-ket\/#Ky_tinh_thue_khong_phat_sinh_giao_dich_lien_ket_thi_co_duoc_chuyen_chi_phi_lai_vay_khong_duoc_tru_cua_ky_truoc_sang_khong\" >If no related-party transactions occur in a tax period, is it possible to carry forward non-deductible interest expense from the previous period?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Nhung_diem_noi_bat_Nghi_dinh_132_giao_dich_lien_ket\"><\/span><b>Key highlights of Decree 132 on related-party transactions.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_4223\" aria-describedby=\"caption-attachment-4223\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4223\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Huong-dan-toan-dien-Nghi-dinh-132-giao-dich-lien-ket.jpg\" alt=\"H\u01b0\u1edbng d\u1eabn to\u00e0n di\u1ec7n Ngh\u1ecb \u0111\u1ecbnh 132 giao d\u1ecbch li\u00ean k\u1ebft\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Huong-dan-toan-dien-Nghi-dinh-132-giao-dich-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Huong-dan-toan-dien-Nghi-dinh-132-giao-dich-lien-ket-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Huong-dan-toan-dien-Nghi-dinh-132-giao-dich-lien-ket-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Huong-dan-toan-dien-Nghi-dinh-132-giao-dich-lien-ket-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Huong-dan-toan-dien-Nghi-dinh-132-giao-dich-lien-ket-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4223\" class=\"wp-caption-text\">Comprehensive guidance on Decree 132 regarding related-party transactions.<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Among the highlights of Decree 132 on related-party transactions, the most significant and widely discussed changes concern the regulations on related parties. These regulations not only broaden the scope of defining related parties but also detail how to identify control and management relationships between businesses, thereby creating a transparent and fair legal basis for tax management of related-party transactions.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Quy_dinh_cac_ben_co_moi_quan_he_lien_ket_theo_Nghi_dinh_132_giao_dich_lien_ket\"><\/span><b>Regulations regarding related parties under Decree 132 on related-party transactions.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Previously at <\/span><span style=\"color: #000000;\">Decree 20\/2017\/ND-CP<\/span><span style=\"font-weight: 400;\"> While the regulations previously only defined related-party transactions as transactions within business operations, now... <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-132-2020-nd-cp\/\">Decree 132\/2020\/ND-CP<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> Expanding the scope of related-party transactions to include:<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Buy, sell, exchange, rent, lease, borrow, lend, transfer, assign goods.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Providing services between related parties.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Borrow, lend, provide financial services, financial security.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Other financial instruments used between related parties.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Buy, sell, exchange, rent, lease, borrow, lend, transfer, assign tangible and intangible assets.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Agreement to buy, sell, and share resources such as assets, capital, and labor.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sharing costs among related parties.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">After clearly defining the types of transactions falling within the scope of related-party transactions, Decree 132 on related-party transactions further adds many specific cases of related parties. These additions help to broaden the scope of application, while creating a clear and transparent legal basis for tax management and determining transaction prices between related parties.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Nghi_dinh_132_giao_dich_lien_ket_bo_sung_them_truong_hop_voi_cac_ben_lien_ket\"><\/span><b>Decree 132 on related-party transactions adds further provisions regarding related parties.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">While Decree 20\/2017\/ND-CP only mentioned 10 cases of related-party transactions, Decree 132 on related-party transactions adds one more case, specifically:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Businesses that have transactions involving the transfer or acquisition of at least 25% of owner&#039;s capital contributions during the tax period; or borrowing or lending at least 10% of owner&#039;s capital contributions at the time of the transaction during the tax period with individuals managing or controlling the business or with individuals in a relationship as stipulated in point g, clause 2, Article 5 of Decree 132 on related-party transactions.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Decree 132 on related-party transactions continues to introduce regulations on interest expense deductions to ensure transparency and fairness in determining taxable profits. These regulations not only limit interest expense deductions related to related-party transactions but also provide guidance on how to handle expenses exceeding the limit, helping businesses optimize tax benefits and reduce legal risks.<\/span><\/p>\n<blockquote><p><strong>Reference:<\/strong> <strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/giam-doc-cho-cong-ty-muon-tien-khong-lay-lai\/\">If a director lends money to a company without charging interest, will they be subject to personal income tax?<\/a><\/span><\/strong><\/p><\/blockquote>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Nghi_dinh_132_giao_dich_lien_ket_quy_dinh_ve_chi_phi_lai_vay\"><\/span><b>Decree 132 on related-party transactions stipulates regulations regarding interest expense.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Decree 132 on related-party transactions has made significant adjustments regarding interest expense, aiming to ensure transparency, fairness, and conformity with international practices in tax management. Specifically:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Raising the limit on interest expense deductions from 20% to 30%: Previously, Decree 20\/2017\/ND-CP only allowed businesses to deduct interest expenses up to a maximum of 20% EBITDA, but Decree 132 on related-party transactions has raised this ratio to 30%, creating more favorable conditions for businesses in balancing their finances, while still maintaining a limit to prevent abuse of interest expense deductions to reduce tax obligations.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Allowing deduction of interest expenses after deducting deposit and loan interest: When calculating interest expenses, enterprises are allowed to calculate based on the actual loan interest after deducting deposit interest or interest from other loans. This regulation helps accurately reflect the actual financial costs arising from related transactions, improving transparency and compliance with tax laws.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transferring excess interest expense to subsequent tax years: If interest expense exceeds the limit set in Decree 30%, the excess amount is not discarded but carried forward to subsequent tax years, helping businesses optimize interest expense over time while ensuring compliance with the regulations of Decree 132 on related-party transactions.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">These regulations demonstrate the efforts of tax authorities to balance the interests of enterprises and the obligation to comply with the law, while creating a clear and transparent legal basis for related-party transactions.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Nghi_dinh_132_giao_dich_lien_ket_bo_sung_doi_tuong_khong_ap_dung_nguong_khong_che_chi_phi_lai_vay\"><\/span><b>Decree 132 adds a category of related-party transactions that are exempt from the interest expense limitation.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_4224\" aria-describedby=\"caption-attachment-4224\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4224\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Nghi-dinh-132-giao-dich-lien-ket-bo-sung-doi-tuong-khong-ap-dung-nguong-khong-che-chi-phi-lai-vay.jpg\" alt=\"Ngh\u1ecb \u0111\u1ecbnh 132 giao d\u1ecbch li\u00ean k\u1ebft b\u1ed5 sung \u0111\u1ed1i t\u01b0\u1ee3ng kh\u00f4ng \u00e1p d\u1ee5ng ng\u01b0\u1ee1ng kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Nghi-dinh-132-giao-dich-lien-ket-bo-sung-doi-tuong-khong-ap-dung-nguong-khong-che-chi-phi-lai-vay.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Nghi-dinh-132-giao-dich-lien-ket-bo-sung-doi-tuong-khong-ap-dung-nguong-khong-che-chi-phi-lai-vay-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Nghi-dinh-132-giao-dich-lien-ket-bo-sung-doi-tuong-khong-ap-dung-nguong-khong-che-chi-phi-lai-vay-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Nghi-dinh-132-giao-dich-lien-ket-bo-sung-doi-tuong-khong-ap-dung-nguong-khong-che-chi-phi-lai-vay-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Nghi-dinh-132-giao-dich-lien-ket-bo-sung-doi-tuong-khong-ap-dung-nguong-khong-che-chi-phi-lai-vay-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4224\" class=\"wp-caption-text\">Decree 132 adds a category of related-party transactions that are exempt from the interest expense limitation.<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">To clarify the differences between Decree 132 on related-party transactions and the previous Decree 20\/2017, particularly regarding loans recognized within the scope of related-party transactions, the table below summarizes the important additions. These changes not only expand the scope of legal loans but also create a clear and transparent legal basis for tax management for businesses participating in development loan programs, national target programs, and social welfare projects.<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><b>Board:<\/b><span style=\"font-weight: 400;\"> Decree 132 adds related-party transactions to the list of entities exempt from the threshold.<\/span><\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Decree 20\/2017<\/b><\/td>\n<td style=\"text-align: center;\"><b>Decree 132\/2020\/ND-CP<\/b><\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Not specified for the stated subject.<\/span><\/p>\n<\/td>\n<td><span style=\"font-weight: 400;\">Official development assistance (ODA) loans and preferential loans from the Government are implemented in the form of the Government borrowing from foreign countries and re-lending to businesses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Loans to implement national target programs (new rural programs, sustainable poverty reduction).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Loans for investment 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><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">From the comparison table above, it can be seen that Decree 132 on related-party transactions has expanded the scope of recognized loans compared to the previous Decree 20. These additions not only help businesses participate in development loan programs, national target programs, or social welfare projects to legally count them as related-party transactions, but also increase transparency and fairness in tax management.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Vi_sao_xu_ly_tien_gui_lai_vay_vuot_nguong_30_EBITDA_la_bai_toan_nong_cua_ky_quyet_toan_2026\"><\/span><strong>Why is handling interest income exceeding the 30% EBITDA threshold a hot topic for the 2026 tax year?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Handling interest expense exceeding the 30% EBITDA threshold involves determining the portion of net interest expense (interest expense after deducting interest on deposits and loans incurred during the period) that exceeds the 30% EBITDA taxable amount, excluding that excess from deductible expenses when calculating corporate income tax, and tracking it for carry-forward to subsequent tax periods for a period not exceeding 5 years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Nghi_dinh_2552026ND-CP_thay_the_khung_phap_ly_cu_tu_0172026\"><\/span><strong>Decree 255\/2026\/ND-CP replaces the old legal framework from July 1, 2026.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p dir=\"ltr\">Decree 255\/2026\/ND-CP on tax management for enterprises with related-party transactions was issued by the Government on June 30, 2026, and takes effect from July 1, 2026, applying from the corporate income tax period of 2026. This Decree replaces Decree 132\/2020\/ND-CP and Decree 20\/2025\/ND-CP.<\/p>\n<p dir=\"ltr\"><strong>Points to emphasize:<\/strong> N<strong>The 30% EBITDA control threshold remains unchanged.<\/strong>. However, the surrounding context has changed significantly, the way related-party relationships are identified has been further clarified (including relationships arising from borrowing and lending), the threshold for exemption from reporting transfer pricing has been raised, the priority order of comparative data sources has been clearly defined, and the threshold for submitting Country-by-Country Reports has shifted to the standard of 750 million EUR in accordance with OECD practice.<\/p>\n<h3 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"He_qua_tai_chinh_khi_doanh_nghiep_bo_qua_nguong_30_EBITDA\"><\/span>The financial consequences of a company ignoring the 30% EBITDA threshold.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p dir=\"ltr\">Firstly, corporate income tax is being collected retrospectively. The portion of interest expense exceeding the threshold that is disallowed increases taxable income. With the standard tax rate, for every 10 billion VND of disallowed expense, approximately 2 billion VND of additional tax is generated.<\/p>\n<p dir=\"ltr\">Secondly, late payment penalties accumulate. The amount due is subject to interest accrued from the time it should have been paid, meaning that an error from the 2026 period, if discovered in 2029, would significantly increase the cost.<\/p>\n<p dir=\"ltr\">Third, loss of carryforward rights. This is the most significant but insidious loss. If a business does not track excess amounts in its books and disclosures, proving carryforward rights in subsequent periods becomes almost impossible.<\/p>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Vuot_nguong_30_EBITDA_thi_bi_xu_ly_the_nao_Truy_thu_bao_nhieu\"><\/span><strong>What are the consequences for exceeding the 30% EBITDA threshold? How much will be recovered?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The amount of corporate income tax (principal) being collected is not a penalty, but rather the tax that should have been paid but not yet paid, because the portion of interest expense exceeding the deductible limit was excluded from deductible expenses, thus increasing taxable income.<\/p>\n<p>The amount of tax to be collected is then determined:<\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Tax arrears = Amount of disallowed (undeclared) interest expense x Applicable corporate income tax rate<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>For example: <\/strong>Company A incurred interest expenses exceeding the limit by 10 billion VND, but mistakenly recorded them as deductible expenses in its initial tax return. Therefore, the amount of tax to be collected is 10 billion VND \u00d7 20% = 2 billion VND.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Tien_cham_nop_tinh_theo_ngay\"><\/span><strong>Late payment penalties are calculated daily.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In addition to the back taxes, the business must pay late payment penalties at a rate of 0.031 TP3T\/day calculated on the amount of tax overdue, as stipulated in Article 15 of the Law on Tax Administration.<\/p>\n<p>This amount is calculated continuously from the tax filing deadline of the period in which the error occurred until the actual payment date; the later the error is discovered, the larger this amount will be. For example, if the error from the 2021 period is discovered in 2026 (approximately 1000 days), the late payment penalty alone will be:<\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Late payment penalty = 2 billion VND x 0.03% x 1000 = 600 million VND<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Phat_vi_pham_hanh_chinh_ve_khai_sai_thue\"><\/span><strong>Administrative penalties for incorrect tax declarations.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If incorrect declaration (failure to properly exclude expenses exceeding the threshold) is determined to be an act of false declaration resulting in an underpayment of tax, the enterprise will also be penalized according to Article 16 of Decree 125\/2020\/ND-CP (amended by Decree 310\/2025\/ND-CP) with a penalty of 20% of the underpaid tax amount, along with corrective measures requiring the full payment of the underpaid tax and late payment interest.<\/p>\n<p><strong>Note:<\/strong> The 20% penalty still applies even if the business has prepared market price determination documents or submitted complete related-party transaction appendices, but the tax authorities still determine that the data is underpaid during an audit. However, if the business discovers the discrepancy and files a supplementary declaration and pays the full amount before the audit\/inspection decision is made, this still falls within the lightest penalty bracket.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Can_cu_phap_ly_cua_viec_xu_ly_tien_gui_lai_vay_vuot_nguong_30_EBITDA\"><\/span><strong>Legal basis for handling interest payments exceeding the 30% EBITDA threshold.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The entire process for handling interest expense exceeding the 30% EBITDA threshold is found in Clause 3, Article 16 of Decree 255\/2026\/ND-CP, which concerns the determination of expenses for tax calculation purposes for enterprises with related-party transactions. The chief accountant needs to be familiar with points a, b, and c of this clause.<\/p>\n<p>According to Point a, Clause 3, Article 16 of Decree 255\/2026\/ND-CP:<\/p>\n<blockquote><p>The total interest expense after deducting interest on deposits and loans incurred during the period of the taxpayer is deductible when determining taxable income for corporate income tax purposes, provided it does not exceed 30% of the total net profit from business operations during the period plus interest expense after deducting interest on deposits and loans incurred during the period plus depreciation expense incurred during the period of the taxpayer.<\/p><\/blockquote>\n<p>Point b, Clause 3, Article 16 stipulates that the right of transition shall not exceed 05 years:<\/p>\n<blockquote><p>The portion of interest expense not deductible under point (a) of this clause shall be carried forward to the next tax period when determining the total deductible interest expense, provided that the total deductible interest expense incurred in the next tax period is lower than the amount stipulated in point (a) of this clause. The carry-forward period for interest expense shall not exceed 5 years from the year following the year in which the non-deductible interest expense was incurred.<\/p><\/blockquote>\n<p>Point c, Clause 3, Article 16 specifies the cases where it does not apply:<\/p>\n<blockquote><p>The limitation stipulated in point a does not apply to loans of taxpayers that are credit institutions under the Law on Credit Institutions; insurance business organizations under the Law on Insurance Business; official development assistance (ODA) loans, preferential loans of the Government implemented through the method of the Government borrowing from foreign countries to lend to enterprises; loans for implementing national target programs; and loans for investment in programs and projects implementing the State&#039;s social welfare policies.<\/p><\/blockquote>\n<p><strong>Important Note: <\/strong>This is an exception based on the entity and source of funds, not an exception based on the will of the business. A commercial enterprise borrowing from a bank is still subject to the handling of interest payments exceeding the 30% EBITDA threshold if that loan gives rise to an affiliated relationship as per Article 5.<\/p>\n<p>The 30% EBITDA threshold is only applied to related-party transactions that occur during the period. Article 5 of Decree 255\/2026\/ND-CP adds the case of related-party transactions:<\/p>\n<blockquote><p>Relationships arising from loan, lending, borrowing, or lending transactions with individuals who manage or control businesses, or individuals with whom they have a family relationship as stipulated, are subject to corresponding capital contribution thresholds.<\/p><\/blockquote>\n<p>Decree 255\/2026\/ND-CP recognizes an important exception: Credit institutions and other organizations that lend but do not participate in the management, control, capital contribution, or investment in the borrowing or guaranteeing enterprise are not considered affiliated parties simply because of that loan. This is a major relief for businesses that purely borrow from banks but require supporting documentation, rather than being automatically considered affiliated.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ba_cau_phan_truoc_khi_xu_ly_tien_gui_lai_vay_vuot_nguong_30_EBITDA\"><\/span><strong>The three components before processing interest expense exceeding the 30% EBITDA threshold:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The standard formula for handling interest payments exceeding the 30% EBITDA threshold can be summarized as follows:<\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Net interest expense = Interest expense incurred during the period \u2013 (Interest on deposits + Interest expense on loans incurred during the period)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Taxable EBITDA is determined as follows:<\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Taxable EBITDA = Net operating profit + Net interest expense + Depreciation expense incurred during the period<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Deduction threshold:<\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Deduction threshold = 30% x Taxable EBITDA\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The disqualified overtaken has been determined:<\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Excess amount disallowed = Net interest expense \u2013 Deduction threshold (if the result is positive)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Lai_tien_gui_va_lai_cho_vay_duoc_bu_tru_nhu_the_nao\"><\/span>How are interest on deposits and interest on loans offset each other?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This is the stage where mistakes are most likely to occur. Three principles need to be noted:<\/p>\n<ul>\n<li>Only offset amounts arising during the period: Accrued interest from the previous period or interest received in advance for the next period must be adjusted to the correct period;<\/li>\n<li>Interest earned on bank deposits and interest from lending activities are offset. Other items included in financial income such as exchange rate differences, dividends, foreign currency gains, and payment discounts are not subject to offsetting.;<\/li>\n<li>If interest income from deposits and loans exceeds interest expense, resulting in negative net interest expense, there is no obligation to process interest income exceeding the 30% EBITDA threshold, but the company must still declare it fully.<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Quy_dinh_ve_lap_va_nop_Bao_cao_loi_nhuan_lien_quoc_gia_CbCR\"><\/span><b>Regulations regarding the preparation and submission of the Country-by-Country Report of Profits (CbCR)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_4225\" aria-describedby=\"caption-attachment-4225\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4225\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Nghi-dinh-132-giao-dich-lien-ket-quy-dinh-ve-cach-lap-va-nop-bao-bao-loi-nhuan-lien-quoc-gia.jpg\" alt=\"Ngh\u1ecb \u0111\u1ecbnh 132 giao d\u1ecbch li\u00ean k\u1ebft quy \u0111\u1ecbnh v\u1ec1 c\u00e1ch l\u1eadp v\u00e0 n\u1ed9p b\u00e1o b\u00e1o l\u1ee3i nhu\u1eadn li\u00ean qu\u1ed1c gia\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Nghi-dinh-132-giao-dich-lien-ket-quy-dinh-ve-cach-lap-va-nop-bao-bao-loi-nhuan-lien-quoc-gia.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Nghi-dinh-132-giao-dich-lien-ket-quy-dinh-ve-cach-lap-va-nop-bao-bao-loi-nhuan-lien-quoc-gia-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Nghi-dinh-132-giao-dich-lien-ket-quy-dinh-ve-cach-lap-va-nop-bao-bao-loi-nhuan-lien-quoc-gia-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Nghi-dinh-132-giao-dich-lien-ket-quy-dinh-ve-cach-lap-va-nop-bao-bao-loi-nhuan-lien-quoc-gia-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/06\/Nghi-dinh-132-giao-dich-lien-ket-quy-dinh-ve-cach-lap-va-nop-bao-bao-loi-nhuan-lien-quoc-gia-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4225\" class=\"wp-caption-text\">Decree 132 on related-party transactions stipulates the method for preparing and submitting country-by-country profit reports.<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In the regulations on preparing and submitting Country-by-Country Profit Reporting (CbCR), Decree 132\/2020\/ND-CP also sets out specific requirements for cases where the ultimate parent company is located in Vietnam and cases where the ultimate parent company is located abroad, in order to ensure transparency of tax and profit information. In addition, businesses also need to fully fulfill their declaration obligations according to the prescribed forms to avoid tax risks. Understanding these requirements is crucial. <\/span><span style=\"color: #000000;\">How to declare related-party transactions<\/span><span style=\"font-weight: 400;\"> This will help businesses proactively prepare documents and meet the requirements of the tax authorities when necessary.\u00a0<\/span><\/p>\n<h4 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Cong_ty_me_toi_cao_dat_tai_Viet_Nam\"><\/span><b>The ultimate parent company is located in Vietnam.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to Decree 132 on related-party transactions, if the ultimate parent company located in Vietnam has consolidated global revenue of VND 18,000 billion or more during the tax period, it is obligated to prepare a Country-by-Country Report (CbCR) and submit it to the tax authorities within 12 months from the end of the fiscal year.<\/span><\/p>\n<h4 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Cong_ty_me_toi_cao_tai_nuoc_ngoai\"><\/span><b>Overseas ultimate parent company<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Decree 132 on related-party transactions specifies in detail the obligation to submit the Country-by-Country Report (CbCR) for cases where the ultimate parent company is located abroad. The table below clearly summarizes the cases where submission is not mandatory and those where it is mandatory, making it easier for businesses to compare and comply.<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><b>Board:<\/b><span style=\"font-weight: 400;\"> Cases where CbCR must and must not be submitted according to Decree 132 on related-party transactions.<\/span><\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Case<\/b><\/td>\n<td style=\"text-align: center;\"><b>Decree 132\/2020\/ND-CP<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Not required to submit<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Enterprises in Vietnam are not required to file CbCR if the Vietnamese tax authorities can receive the report through the automatic exchange of information (AEOI) mechanism with the country or territory where the ultimate parent company is resident.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Required submission<\/span><\/td>\n<td><span style=\"font-weight: 400;\">The country\/territory where the ultimate parent company resides has an international tax agreement with Vietnam but does not have an agreement from the competent authority at the time of the report submission deadline.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The country\/territory where the ultimate parent company resides has an Agreement between the Competent Authorities and Vietnam but has suspended the information exchange mechanism or cannot automatically provide it to Vietnam.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In case a foreign corporation has more than one subsidiary in Vietnam, the ultimate parent company must notify the Vietnamese tax authority in writing of the subsidiary designated to submit CbCR on behalf of the corporation.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">As shown in the table above, Decree 132 on related-party transactions has very specific regulations on the obligation to submit the Country-by-Country Report (CbCR) in cases where the ultimate parent company is located abroad. Clearly defining when Vietnamese businesses are not required to submit this report and when they are required to does so helps ensure transparency, consistency with international standards, and limits tax evasion. Businesses need to thoroughly understand these regulations to avoid penalties and proactively develop effective compliance strategies.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cap_nhat_Nghi_dinh_2552026ND-CP_ve_Bao_cao_loi_nhuan_lien_quoc_gia\"><\/span>Updated Decree 255\/2026\/ND-CP on Country-by-Country Profit Reporting<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Decree 255\/2026\/ND-CP inherits and replaces Decree 132\/2020\/ND-CP. Specifically, what changes does Decree 255 bring compared to the old regulations? Let&#039;s take a look at the following table with MAN \u2013 Master Accountant Network:<\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption>Updated information table on the Country-by-Country Profit Reporting under Decree 255\/2026\/ND-CP<\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Content<\/b><\/td>\n<td style=\"text-align: center;\"><b>Decree 132<\/b><\/td>\n<td style=\"text-align: center;\"><b>Decree 255<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Consolidated revenue threshold<\/span><\/td>\n<td><span style=\"font-weight: 400;\">From 18,000 billion VND or more<\/span><\/td>\n<td><span style=\"font-weight: 400;\">750 million EUR, converted according to the exchange rate published by the State Bank of Vietnam.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Determination period<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Revenue during the tax period<\/span><\/td>\n<td><span style=\"font-weight: 400;\">The fiscal year immediately preceding the reporting year<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Submission deadline<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Submit annually<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Submit once, and update within 90 days if changes occur.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Form<\/span><\/td>\n<td><span style=\"font-weight: 400;\">There are no specific regulations yet.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">XML file\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Conditions for submission in Vietnam<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Not yet<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Businesses in Vietnam must meet conditions regarding confidentiality, consistency, proper use, and transparency.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Differences in thresholds between countries.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Not yet<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Cases where payment is not required have been recorded.\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Note: <\/strong>From July 1st, 2026, Decree 255\/2026\/ND-CP officially takes effect, and taxpayers only need to submit the Notification. <b>once<\/b>\u00a0When the obligation first arises, the deadline is no later than the end of the fiscal year of the ultimate parent company of the reporting year. When there are changes to the information in the most recently submitted Notice, including cases of termination of the obligation, the enterprise must submit an updated Notice no later than the deadline.\u00a0<b>90 days<\/b>\u00a0since the date the change occurred.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><b>Conclude<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Overall, Decree 255 on related-party transactions has brought about many significant changes compared to the previous Decree 132, from expanding the definition of related-party transactions, related parties, conditions for exemption from filing, to adding specific loans and stricter regulations on the obligation to submit the Country-by-Country Report (CbCR). These new points not only help the Vietnamese legal system approach international standards, but also enhance transparency, limit transfer pricing practices, and ensure fairness among businesses.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">However, this comes with stricter compliance requirements. Therefore, businesses need to prepare complete documentation, clear evidence, and an effective tax management strategy to avoid the risk of tax assessments or penalties. This is especially important for businesses without prior experience. <strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/ke-khai-giao-dich-lien-ket-tren-htkk\/\">declaration of related party transactions<\/a><\/span><\/strong>, <strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-ebitda-theo-nghi-dinh-132\/\">How to calculate EBITDA <\/a><\/span><\/strong><\/span><span style=\"font-weight: 400;\">or if you require a more in-depth tax risk review, please refer to <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/dich-vu-tu-van-giao-dich-lien-ket\/\">related party transaction advisory services<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> This will help ensure compliance with regulations, optimize resources, and minimize errors during tax audits and inspections.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Contact MAN \u2013 Master Accountant Network for free support and advice!<\/span><\/p>\n<p style=\"text-align: justify;\"><div class=\"su-button-center\"><a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lien-he\/\" class=\"su-button su-button-style-flat\" style=\"color:#FFFFFF;background-color:#d9534f;border-color:#ae4340;border-radius:5px\" target=\"_self\"><span style=\"color:#FFFFFF;padding:0px 22px;font-size:17px;line-height:34px;border-color:#e58784;border-radius:5px;text-shadow:none\">  Contact Us for Consultation <\/span><\/a><\/div>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><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 style=\"font-weight: 400;\" aria-level=\"1\"><b>Address:<\/b><span style=\"font-weight: 400;\"> No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Mobile\/Zalo:<\/b><span style=\"font-weight: 400;\"> 0903 963 163 \u2013 0903 428 622<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>E-mail:<\/b><span style=\"font-weight: 400;\"> man@man.net.vn<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Google Business Profile:<\/b> <a href=\"https:\/\/share.google\/EmihzHg354pCASC9k\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\"><strong><span style=\"color: #0000ff;\">View MAN \u2013 Master Accountant Network&#039;s Google Business Profile<\/span><\/strong>\u00a0<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>LinkedIn Founder:<\/b> <a href=\"https:\/\/www.linkedin.com\/in\/tuy%C3%AAn-l%C3%AA-ho%C3%A0ng-65292aa0\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\"><strong><span style=\"color: #0000ff;\">View expert Le Hoang Tuyen&#039;s LinkedIn profile.<\/span><\/strong>\u00a0<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Responsible for production and professional content review by: Mr. <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" rel=\"nofollow noopener\" target=\"_blank\">Le Hoang Tuyen \u2013 Founder &amp; CEO of MAN \u2013 Master Accountant Network<\/a><\/span><\/strong><span style=\"font-weight: 400;\">. He is a CPA Vietnam auditor with over 30 years of in-depth experience in accounting, auditing, taxation, and corporate legal consulting.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cau_hoi_thuong_gap_FAQs\"><\/span><strong>Frequently Asked Questions (FAQs)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Doanh_nghiep_khong_co_giao_dich_lien_ket_co_phai_xu_ly_tien_gui_lai_vay_vuot_nguong_30_EBITDA_khong\"><\/span>Do businesses with no related-party transactions have to treat interest income exceeding the 30% EBITDA threshold?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No. The limitation stipulated in point a, clause 3, Article 16 only applies to taxpayers who are related parties and have related-party transactions during the period.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Phan_chi_phi_lai_vay_vuot_nguong_co_mat_vinh_vien_khong\"><\/span>Are any interest expenses that exceed the limit permanently lost?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No. According to point b, clause 3, Article 16, the non-deductible portion can be carried forward to the next tax period when the total deductible interest expense for that period is lower than the threshold, with a continuous carry-forward period of no more than 5 years from the year following the year in which it occurred.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Lai_chenh_lech_ty_gia_co_duoc_tru_khi_tinh_chi_phi_lai_vay_thuan_khong\"><\/span>Can exchange rate gains be deducted when calculating net interest expense?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No. Only interest on deposits and interest on loans arising during the period are offset in accordance with point a, clause 3, Article 16.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Vay_ngan_hang_thuong_mai_co_lam_phat_sinh_nghia_vu_xu_ly_tien_gui_lai_vay_vuot_nguong_30_EBITDA_khong\"><\/span>Does borrowing from commercial banks give rise to an obligation to process interest payments exceeding the 30% EBITDA threshold?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p dir=\"ltr\">It depends on the case. If the lending institution does not participate in the management, control, capital contribution, or investment in the borrowing or guaranteeing enterprise, then that loan alone does not create an affiliated relationship. Conversely, when the loan simultaneously reaches the threshold of 25% of owner&#039;s equity and over 50% of the total value of medium and long-term debts in the context of other affiliated factors, the enterprise falls within the scope of application.<\/p>\n<h3 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Ky_tinh_thue_khong_phat_sinh_giao_dich_lien_ket_thi_co_duoc_chuyen_chi_phi_lai_vay_khong_duoc_tru_cua_ky_truoc_sang_khong\"><\/span>If no related-party transactions occur in a tax period, is it possible to carry forward non-deductible interest expense from the previous period?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No. The carryforward under point b, clause 3, Article 16 is only applicable when determining the total deductible interest expense according to point a, and this determination only applies to taxpayers who have related-party transactions during the period. In periods without related-party transactions, the enterprise is not within the scope of application and cannot include the outstanding balance from the previous period for deduction, while the 5-year period continues indefinitely.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ng\u00e0y 05\/11\/2020, Ngh\u1ecb \u0111\u1ecbnh 132 giao d\u1ecbch li\u00ean k\u1ebft ch\u00ednh th\u1ee9c \u0111\u01b0\u1ee3c ban h\u00e0nh v\u00e0 c\u00f3 hi\u1ec7u l\u1ef1c t\u1eeb 20\/12\/2020, \u0111\u00e1nh d\u1ea5u b\u01b0\u1edbc ngo\u1eb7t quan tr\u1ecdng trong qu\u1ea3n l\u00fd thu\u1ebf \u0111\u1ed1i v\u1edbi doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft t\u1ea1i Vi\u1ec7t Nam. Ngh\u1ecb \u0111\u1ecbnh n\u1ed5i b\u1eadt v\u1edbi c\u00e1c \u0111i\u1ec3m \u0111\u00e1ng ch\u00fa \u00fd nh\u01b0 m\u1edf r\u1ed9ng [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":4223,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2222","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\/2222","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=2222"}],"version-history":[{"count":6,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2222\/revisions"}],"predecessor-version":[{"id":5073,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2222\/revisions\/5073"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media\/4223"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=2222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=2222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=2222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}